Gold Intraday: further upside
Jan 20, 2026 12:45 PM
long positions above 4705 with targets at 4750 & 4765 in extension.
Pivot: 4705
Our preference:
long positions above 4705 with targets at 4750 & 4765 in extension.
Alternative scenario:
below 4705 look for further downside with 4680 & 4655 as targets.
Comment:
the immediate trend remains up and the momentum is strong.
Supports and resistances:
4800
4765
4750
4729 Last
4705
4680
4655
Our preference:
long positions above 4705 with targets at 4750 & 4765 in extension.
Alternative scenario:
below 4705 look for further downside with 4680 & 4655 as targets.
Comment:
the immediate trend remains up and the momentum is strong.
Supports and resistances:
4800
4765
4750
4729 Last
4705
4680
4655
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Gold
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