[2026-02-04] Gold Intraday: the upside prevails.

Description

Pivot: 4880

Our preference: long positions above 4880 with targets at 5110 & 5240 in extension.

Alternative scenario: below 4880 look for further downside with 4745 & 4620 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

5360

5240

5110

5014 Last

4880

4745

4620

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