Gold Intraday: up turn
Jan 15, 2026 10:24 AM
long positions above 4588 with targets at 4630 & 4650 in extension.
Pivot: 4588
Our preference:
long positions above 4588 with targets at 4630 & 4650 in extension.
Alternative scenario:
below 4588 look for further downside with 4567 & 4546 as targets.
Comment:
a support base at 4588 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
4670
4650
4630
4613 Last
4588
4567
4546
Our preference:
long positions above 4588 with targets at 4630 & 4650 in extension.
Alternative scenario:
below 4588 look for further downside with 4567 & 4546 as targets.
Comment:
a support base at 4588 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
4670
4650
4630
4613 Last
4588
4567
4546
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