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Gold Intraday: the bias remains bullish
Apr 27, 2026 7:44 AM
long positions above 4690 with targets at 4740 & 4770 in extension.
Pivot: 4690
Our preference:
long positions above 4690 with targets at 4740 & 4770 in extension.
Alternative scenario:
below 4690 look for further downside with 4657 & 4635 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
4800
4770
4740
4716 Last
4690
4657
4635
Our preference:
long positions above 4690 with targets at 4740 & 4770 in extension.
Alternative scenario:
below 4690 look for further downside with 4657 & 4635 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
4800
4770
4740
4716 Last
4690
4657
4635
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