Gold Intraday: rebound expected
Jan 30, 2026 10:23 AM
long positions above 4900 with targets at 5185 & 5295 in extension.
Pivot: 4900
Our preference:
long positions above 4900 with targets at 5185 & 5295 in extension.
Alternative scenario:
below 4900 look for further downside with 4815 & 4750 as targets.
Comment:
a support base at 4900 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
5375
5295
5185
5007 Last
4900
4815
4750
Our preference:
long positions above 4900 with targets at 5185 & 5295 in extension.
Alternative scenario:
below 4900 look for further downside with 4815 & 4750 as targets.
Comment:
a support base at 4900 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
5375
5295
5185
5007 Last
4900
4815
4750
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