Gold Intraday: watch 5470
Jan 29, 2026 10:26 PM
long positions above 5250 with targets at 5470 & 5590 in extension.
Pivot: 5250
Our preference:
long positions above 5250 with targets at 5470 & 5590 in extension.
Alternative scenario:
below 5250 look for further downside with 5100 & 4990 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
5700
5590
5470
5379 Last
5250
5100
4990
Our preference:
long positions above 5250 with targets at 5470 & 5590 in extension.
Alternative scenario:
below 5250 look for further downside with 5100 & 4990 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
5700
5590
5470
5379 Last
5250
5100
4990
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