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Gold Intraday: further upside

Apr 8, 2026 9:40 AM
long positions above 4755 with targets at 4865 & 4950 in extension.
image
Pivot: 4755
Our preference:
long positions above 4755 with targets at 4865 & 4950 in extension.
Alternative scenario:
below 4755 look for further downside with 4705 & 4655 as targets.
Comment:
the break above 4755 is a positive signal that has opened a path to 4865.
Supports and resistances:
5040
4950
4865
4797 Last
4755
4705
4655
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

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