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Gold Intraday: aim @ 4480
Apr 29, 2026 11:45 PM
short positions below 4580 with targets at 4520 & 4480 in extension.
Pivot: 4580
Our preference:
short positions below 4580 with targets at 4520 & 4480 in extension.
Alternative scenario:
above 4580 look for further upside with 4610 & 4635 as targets.
Comment:
as long as the resistance at 4580 is not surpassed, the risk of the break below 4520 remains high.
Supports and resistances:
4635
4610
4580
4551 Last
4520
4480
4455
Our preference:
short positions below 4580 with targets at 4520 & 4480 in extension.
Alternative scenario:
above 4580 look for further upside with 4610 & 4635 as targets.
Comment:
as long as the resistance at 4580 is not surpassed, the risk of the break below 4520 remains high.
Supports and resistances:
4635
4610
4580
4551 Last
4520
4480
4455
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