Gold Intraday: bullish bias above 4340
Jan 2, 2026 10:28 AM
long positions above 4340 with targets at 4404 & 4438 in extension.
Pivot: 4340
Our preference:
long positions above 4340 with targets at 4404 & 4438 in extension.
Alternative scenario:
below 4340 look for further downside with 4305 & 4274 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
4480
4438
4404
4385 Last
4340
4305
4274
Our preference:
long positions above 4340 with targets at 4404 & 4438 in extension.
Alternative scenario:
below 4340 look for further downside with 4305 & 4274 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
4480
4438
4404
4385 Last
4340
4305
4274
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