[2026-04-16] Gold Intraday: expect 4870.

Description

Pivot: 4785

Our preference: long positions above 4785 with targets at 4850 & 4870 in extension.

Alternative scenario: below 4785 look for further downside with 4755 & 4735 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

4890

4870

4850

4833 Last

4785

4755

4735

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