Gold Intraday: key resistance at 4920
Feb 6, 2026 12:09 PM
short positions below 4920 with targets at 4795 & 4700 in extension.
Pivot: 4920
Our preference:
short positions below 4920 with targets at 4795 & 4700 in extension.
Alternative scenario:
above 4920 look for further upside with 4980 & 5055 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 4920.
Supports and resistances:
5055
4980
4920
4887 Last
4795
4700
4600
Our preference:
short positions below 4920 with targets at 4795 & 4700 in extension.
Alternative scenario:
above 4920 look for further upside with 4980 & 5055 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 4920.
Supports and resistances:
5055
4980
4920
4887 Last
4795
4700
4600
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