The metal successfully retested the key resistance level at 22.10, where it started to show slight downside actions as seen on the provided graph. The four-hour graph shows that the Alligator indicator is still covering the sharp bearish wave seen on last Friday. Our intraday outlook remains bearish, while taking out 21.60 will confirm and accelerate.
Support: 21.80, 21.50, 21.25, 21.00, 20.50
Resistance: 22.00, 22.10, 22.50, 22.75, 23.30
Based on the chart and explanations above, we believe that selling the metal around 22.10 targeting 20.25 and stop loss at 23.30 could be appropriate.