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Gold Short Term: the upside prevails

Jan 21, 2026 3:49 AM
long positions above 4500 with targets at 4950 & 5100 in extension.
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Pivot: 4500
Our preference:
long positions above 4500 with targets at 4950 & 5100 in extension.
Alternative scenario:
below 4500 look for further downside with 4270 & 4000 as targets.
Comment:
the RSI shows upside momentum.
Supports and resistances:
5250
5100
4950
4840 Last
4500
4270
4000
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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