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Gold Intraday: choppy

Feb 5, 2026 8:46 PM
short positions below 4890 with targets at 4795 & 4710 in extension.
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Pivot: 4890
Our preference:
short positions below 4890 with targets at 4795 & 4710 in extension.
Alternative scenario:
above 4890 look for further upside with 4940 & 5020 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
5020
4940
4890
4827 Last
4795
4710
4655
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