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Gold Intraday: the upside prevails
Feb 20, 2026 7:55 AM
long positions above 4980 with targets at 5045 & 5080 in extension.
Pivot: 4980
Our preference:
long positions above 4980 with targets at 5045 & 5080 in extension.
Alternative scenario:
below 4980 look for further downside with 4960 & 4940 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
5115
5080
5045
5015 Last
4980
4960
4940
Our preference:
long positions above 4980 with targets at 5045 & 5080 in extension.
Alternative scenario:
below 4980 look for further downside with 4960 & 4940 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
5115
5080
5045
5015 Last
4980
4960
4940
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