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Gold Intraday: bounce
Feb 18, 2026 6:07 AM
long positions above 4875 with targets at 4970 & 5000 in extension.
Pivot: 4875
Our preference:
long positions above 4875 with targets at 4970 & 5000 in extension.
Alternative scenario:
below 4875 look for further downside with 4842 & 4820 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
5045
5000
4970
4933 Last
4875
4842
4820
Our preference:
long positions above 4875 with targets at 4970 & 5000 in extension.
Alternative scenario:
below 4875 look for further downside with 4842 & 4820 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
5045
5000
4970
4933 Last
4875
4842
4820
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