Gold Intraday: Gains at stake near target
Aug 12, 2026 11:20 AM
The upside prevails as long as 4,348 is support, with 4,439 and 4,462 as targets

Our pivot point is at 4,348.
Our preference:
The upside prevails as long as 4,348 is support, with 4,439 and 4,462 as targets
Alternative scenario:
below 4,348, expect 4,309 and 4,286.
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:
4,486 *
4,462 **
4,439
4,413 last
4,348 **
4,309 *
4,286 **
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