Gold intraday: 4580 expected.

Pivot: 4490

Our preference: long positions above 4490 with targets at 4550 & 4580 in extension.

Alternative scenario: below 4490 look for further downside with 4475 & 4459 as targets.

Comment: the break above 4490 is a positive signal that has opened a path to 4550.

Supports and resistances:

4605 *

4580 ***

4550 ***

4535 Last

4490 ***

4475 ***

4459 **