Gold Intraday: caution
Feb 6, 2026 3:30 AM
short positions below 4855 with targets at 4705 & 4655 in extension.

Pivot: 4855
Our preference:
short positions below 4855 with targets at 4705 & 4655 in extension.
Alternative scenario:
above 4855 look for further upside with 4935 & 5020 as targets.
Comment:
the RSI is mixed and calls for caution.
Supports and resistances:
5020
4935
4855
4815 Last
4705
4655
4595
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