Gold Intraday: Target level as a potential turning point
Aug 5, 2026 11:22 AM
The upside prevails as long as 4,098 is support, with 4,181 and 4,203 as targets

Our pivot point is at 4,098.
Our preference:
The upside prevails as long as 4,098 is support, with 4,181 and 4,203 as targets
Alternative scenario:
below 4,098, expect 4,061 and 4,039.
Comment:
Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
4,225 *
4,203 **
4,181
4,161 last
4,098 **
4,061 *
4,039 **
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