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Gold Intraday: the bias remains bullish
Apr 17, 2026 2:59 PM
long positions above 4835 with targets at 4910 & 4940 in extension.
Pivot: 4835
Our preference:
long positions above 4835 with targets at 4910 & 4940 in extension.
Alternative scenario:
below 4835 look for further downside with 4805 & 4785 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
4975
4940
4910
4875 Last
4835
4805
4785
Our preference:
long positions above 4835 with targets at 4910 & 4940 in extension.
Alternative scenario:
below 4835 look for further downside with 4805 & 4785 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
4975
4940
4910
4875 Last
4835
4805
4785
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