Gold Intraday: the bias remains bullish
Jan 5, 2026 12:12 PM
long positions above 4400 with targets at 4460 & 4485 in extension.
Pivot: 4400
Our preference:
long positions above 4400 with targets at 4460 & 4485 in extension.
Alternative scenario:
below 4400 look for further downside with 4367 & 4345 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4518
4485
4460
4419 Last
4400
4367
4345
Our preference:
long positions above 4400 with targets at 4460 & 4485 in extension.
Alternative scenario:
below 4400 look for further downside with 4367 & 4345 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4518
4485
4460
4419 Last
4400
4367
4345
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Gold
4952.98
142.35999999999967
+295.90%
