Gold Intraday: turning down
Feb 16, 2026 2:17 PM
short positions below 5015 with targets at 4967 & 4933 in extension.

Pivot: 5015
Our preference:
short positions below 5015 with targets at 4967 & 4933 in extension.
Alternative scenario:
above 5015 look for further upside with 5045 & 5080 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
5080
5045
5015
4996 Last
4967
4933
4915
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