Gold Intraday: bullish bias above 4160

Pivot: 4160
Our preference:
long positions above 4160 with targets at 4215 & 4245 in extension.
Alternative scenario:
below 4160 look for further downside with 4110 & 4060 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4270 **
4245 ***
4215 **
4184 Last
4160 ***
4110 **
4060 **