Gold Intraday: continuation of the rebound
Jan 30, 2026 12:11 PM
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:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
5375
5295
5185
5135 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:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
5375
5295
5185
5135 Last
4900
4815
4750
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