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Gold Intraday: First target, continuation or consolidation?
Aug 17, 2026 7:35 PM
The upside prevails as long as 4,360 is support, with 4,444 and 4,466 as targets
Our pivot point is at 4,360.
Our preference:
The upside prevails as long as 4,360 is support, with 4,444 and 4,466 as targets
Alternative scenario:
below 4,360, expect 4,324 and 4,303.
Comment:
Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
4,487 *
4,466 **
4,444
4,415 last
4,360 **
4,324 *
4,303 **
Our preference:
The upside prevails as long as 4,360 is support, with 4,444 and 4,466 as targets
Alternative scenario:
below 4,360, expect 4,324 and 4,303.
Comment:
Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
4,487 *
4,466 **
4,444
4,415 last
4,360 **
4,324 *
4,303 **
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