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Gold Intraday: Target level as a potential turning point
Aug 19, 2026 7:35 PM
The upside prevails as long as 4,428 is support, with 4,531 and 4,553 as targets
Our pivot point is at 4,428.
Our preference:
The upside prevails as long as 4,428 is support, with 4,531 and 4,553 as targets
Alternative scenario:
below 4,428, expect 4,391 and 4,370.
Comment:
Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
4,575 *
4,553 **
4,531
4,508 last
4,428 **
4,391 *
4,370 **
Our preference:
The upside prevails as long as 4,428 is support, with 4,531 and 4,553 as targets
Alternative scenario:
below 4,428, expect 4,391 and 4,370.
Comment:
Price is consolidating just below a key resistance level, setting the stage for an upside attempt.
Supports and resistances:
4,575 *
4,553 **
4,531
4,508 last
4,428 **
4,391 *
4,370 **
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