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Gold Intraday: watch 4980

Feb 6, 2026 9:00 PM
long positions above 4900 with targets at 4980 & 5020 in extension.
image
Pivot: 4900
Our preference:
long positions above 4900 with targets at 4980 & 5020 in extension.
Alternative scenario:
below 4900 look for further downside with 4850 & 4800 as targets.
Comment:
the next resistances are at 4980 and then at 5020.
Supports and resistances:
5090
5020
4980
4938 Last
4900
4850
4800
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