Gold Intraday: The downside prevails as long as 4,428 is resistance
Aug 18, 2026 6:33 AM
The downside prevails as long as 4,428 is resistance, with 4,346 and 4,324 as targets

Our pivot point is at 4,428.
Our preference:
The downside prevails as long as 4,428 is resistance, with 4,346 and 4,324 as targets
Alternative scenario:
above 4,428, look for 4,464 and 4,485.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 4,409 and 4,408).
Supports and resistances:
4,485 **
4,464 *
4,428 **
4,400 last
4,346
4,324 **
4,303 *
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