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Gold Intraday: the bias remains bullish

Feb 3, 2026 9:15 PM
long positions above 4850 with targets at 5110 & 5240 in extension.
image
Pivot: 4850
Our preference:
long positions above 4850 with targets at 5110 & 5240 in extension.
Alternative scenario:
below 4850 look for further downside with 4745 & 4620 as targets.
Comment:
the next resistances are at 5110 and then at 5240.
Supports and resistances:
5365
5240
5110
4946 Last
4850
4745
4620
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