Gold Intraday: up turn
Feb 2, 2026 12:14 PM
long positions above 4508 with targets at 4836 & 4955 in extension.
Pivot: 4508
Our preference:
long positions above 4508 with targets at 4836 & 4955 in extension.
Alternative scenario:
below 4508 look for further downside with 4397 & 4288 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
5110
4955
4836
4759 Last
4508
4397
4288
Our preference:
long positions above 4508 with targets at 4836 & 4955 in extension.
Alternative scenario:
below 4508 look for further downside with 4397 & 4288 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
5110
4955
4836
4759 Last
4508
4397
4288
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