[2026-01-16] Gold Intraday: choppy.

Description

Pivot: 4624

Our preference: short positions below 4624 with targets at 4585 & 4568 in extension.

Alternative scenario: above 4624 look for further upside with 4642 & 4660 as targets.

Comment: intraday technical indicators are mixed.

Supports and resistances:

4660

4642

4624

4599 Last

4585

4568

4540

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