Gold Intraday: 4,518 expected

Our pivot point is at 4,640.
Our preference:
The downside prevails as long as 4,640 is resistance, with 4,518 and 4,487 as targets
Alternative scenario:
above 4,640, look for 4,692 and 4,722.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 4,596 and 4,597).
Supports and resistances:
4,722 **
4,692 *
4,640 **
4,567 last
4,518
4,487 **
4,457 *