Gold Intraday: Target level as a potential turning point
Aug 6, 2026 2:03 AM
The upside prevails as long as 4,213 is support, with 4,311 and 4,333 as targets

Our pivot point is at 4,213.
Our preference:
The upside prevails as long as 4,213 is support, with 4,311 and 4,333 as targets
Alternative scenario:
below 4,213, expect 4,175 and 4,152.
Comment:
Prices are now within reach of our first target, a level that could invite the price to consolidate. On the flip side, a clear break above it may well sustain the upward move.
Supports and resistances:
4,356 *
4,333 **
4,311
4,287 last
4,213 **
4,175 *
4,152 **
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