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Gold Intraday: under pressure

Apr 12, 2026 11:15 PM
short positions below 4715 with targets at 4620 & 4580 in extension.
image
Pivot: 4715
Our preference:
short positions below 4715 with targets at 4620 & 4580 in extension.
Alternative scenario:
above 4715 look for further upside with 4760 & 4795 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
4795
4760
4715
4658 Last
4620
4580
4553
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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