Gold Intraday: First target, continuation or consolidation?
Aug 21, 2026 9:00 AM
The upside prevails as long as 4,526 is support, with 4,612 and 4,634 as targets

Our pivot point is at 4,526.
Our preference:
The upside prevails as long as 4,526 is support, with 4,612 and 4,634 as targets
Alternative scenario:
below 4,526, expect 4,489 and 4,467.
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:
4,656 *
4,634 **
4,612
4,584 last
4,526 **
4,489 *
4,467 **
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