Gold Intraday: under pressure
Feb 17, 2026 1:10 AM
short positions below 4985 with targets at 4915 & 4878 in extension.

Pivot: 4985
Our preference:
short positions below 4985 with targets at 4915 & 4878 in extension.
Alternative scenario:
above 4985 look for further upside with 5015 & 5045 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
5045
5015
4985
4935 Last
4915
4878
4835
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