[2026-02-17] Gold Intraday: under pressure.

Description

Pivot: 4985

Our preference: short positions below 4985 with targets at 4915 & 4878 in extension.

Alternative scenario: above 4985 look for further upside with 5015 & 5045 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

5045

5015

4985

4935 Last

4915

4878

4835

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