Gold Intraday: choppy

Jan 21, 2026 9:09 PM

short positions below 4848 with targets at 4748 & 4714 in extension.

Pivot: 4848
Our preference:
short positions below 4848 with targets at 4748 & 4714 in extension.
Alternative scenario:
above 4848 look for further upside with 4887 & 4930 as targets.
Comment:
a break below 4748 would trigger a drop towards 4714.
Supports and resistances:
4930
4887
4848
4819 Last
4748
4714
4682

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