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Gold Intraday: the downside prevails
Apr 28, 2026 9:28 AM
short positions below 4660 with targets at 4600 & 4580 in extension.
Pivot: 4660
Our preference:
short positions below 4660 with targets at 4600 & 4580 in extension.
Alternative scenario:
above 4660 look for further upside with 4695 & 4710 as targets.
Comment:
the break below the support at 4660 triggered a downward acceleration to 4580.
Supports and resistances:
4710
4695
4660
4629 Last
4600
4580
4555
Our preference:
short positions below 4660 with targets at 4600 & 4580 in extension.
Alternative scenario:
above 4660 look for further upside with 4695 & 4710 as targets.
Comment:
the break below the support at 4660 triggered a downward acceleration to 4580.
Supports and resistances:
4710
4695
4660
4629 Last
4600
4580
4555
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