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Gold Intraday: under pressure
Apr 17, 2026 3:24 AM
short positions below 4807 with targets at 4755 & 4740 in extension.
Pivot: 4807
Our preference:
short positions below 4807 with targets at 4755 & 4740 in extension.
Alternative scenario:
above 4807 look for further upside with 4833 & 4853 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
4853
4833
4807
4784 Last
4755
4740
4725
Our preference:
short positions below 4807 with targets at 4755 & 4740 in extension.
Alternative scenario:
above 4807 look for further upside with 4833 & 4853 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
4853
4833
4807
4784 Last
4755
4740
4725
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