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Gold Intraday: 5140 expected

Jan 26, 2026 10:23 AM
long positions above 5030 with targets at 5140 & 5170 in extension.
image
Pivot: 5030
Our preference:
long positions above 5030 with targets at 5140 & 5170 in extension.
Alternative scenario:
below 5030 look for further downside with 5000 & 4963 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5220
5170
5140
5083 Last
5030
5000
4963
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