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Gold Intraday: the downside prevails

Jan 2, 2026 4:38 PM
short positions below 4370 with targets at 4274 & 4245 in extension.
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Pivot: 4370
Our preference:
short positions below 4370 with targets at 4274 & 4245 in extension.
Alternative scenario:
above 4370 look for further upside with 4405 & 4440 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
4440
4405
4370
4323 Last
4274
4245
4205
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