Gold Intraday: bullish bias above 4426
Jan 6, 2026 10:26 AM
long positions above 4426 with targets at 4474 & 4500 in extension.
Pivot: 4426
Our preference:
long positions above 4426 with targets at 4474 & 4500 in extension.
Alternative scenario:
below 4426 look for further downside with 4396 & 4378 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4520
4500
4474
4448 Last
4426
4396
4378
Our preference:
long positions above 4426 with targets at 4474 & 4500 in extension.
Alternative scenario:
below 4426 look for further downside with 4396 & 4378 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4520
4500
4474
4448 Last
4426
4396
4378
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