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Gold Intraday: the downside prevails
Apr 21, 2026 5:03 AM
short positions below 4832 with targets at 4767 & 4735 in extension.
Pivot: 4832
Our preference:
short positions below 4832 with targets at 4767 & 4735 in extension.
Alternative scenario:
above 4832 look for further upside with 4855 & 4880 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
4880
4855
4832
4790 Last
4767
4735
4700
Our preference:
short positions below 4832 with targets at 4767 & 4735 in extension.
Alternative scenario:
above 4832 look for further upside with 4855 & 4880 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
4880
4855
4832
4790 Last
4767
4735
4700
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