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Gold Intraday: the downside prevails
Apr 21, 2026 9:50 AM
short positions below 4808 with targets at 4767 & 4735 in extension.
Pivot: 4808
Our preference:
short positions below 4808 with targets at 4767 & 4735 in extension.
Alternative scenario:
above 4808 look for further upside with 4832 & 4855 as targets.
Comment:
the break below 4808 is a negative signal that has opened a path to 4767.
Supports and resistances:
4855
4832
4808
4785 Last
4767
4735
4700
Our preference:
short positions below 4808 with targets at 4767 & 4735 in extension.
Alternative scenario:
above 4808 look for further upside with 4832 & 4855 as targets.
Comment:
the break below 4808 is a negative signal that has opened a path to 4767.
Supports and resistances:
4855
4832
4808
4785 Last
4767
4735
4700
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