[2026-02-02] Gold Intraday: key resistance at 4960.

Description

Pivot: 4960

Our preference: short positions below 4960 with targets at 4540 & 4410 in extension.

Alternative scenario: above 4960 look for further upside with 5110 & 5240 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

5240

5110

4960

4766 Last

4540

4410

4270

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