Gold Short Term: target 3800

Pivot: 4380
Our preference:
short positions below 4380 with targets at 3800 & 3650 in extension.
Alternative scenario:
above 4380 look for further upside with 4580 & 4770 as targets.
Comment:
as long as 4380 is resistance, expect a return to 3800.
Supports and resistances:
4770 **
4580 **
4380 ***
4051 Last
3800 ***
3650 ***
3500 ***