Gold Intraday: expect 4870

Apr 16, 2026 1:14 AM

long positions above 4785 with targets at 4850 & 4870 in extension.

Pivot: 4785
Our preference:
long positions above 4785 with targets at 4850 & 4870 in extension.
Alternative scenario:
below 4785 look for further downside with 4755 & 4735 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
4890
4870
4850
4833 Last
4785
4755
4735

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.

Related Instruments