Gold Intraday: Watch 4,531
Aug 20, 2026 7:40 AM
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:
The MACD is below its signal line and positive. The price is below its 20 period moving average (4,499) but above its 50 period moving average (4,463).
Supports and resistances:
4,575 *
4,553 **
4,531
4,484 last
4,428 **
4,391 *
4,370 **
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