[2026-01-15] Gold Intraday: consolidation.

Description

Pivot: 4640

Our preference: short positions below 4640 with targets at 4600 & 4575 in extension.

Alternative scenario: above 4640 look for further upside with 4655 & 4675 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

4675

4655

4640

4615 Last

4600

4575

4545

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