Gold Intraday: look for 4770
Apr 16, 2026 8:42 PM
short positions below 4808 with targets at 4770 & 4740 in extension.

Pivot: 4808
Our preference:
short positions below 4808 with targets at 4770 & 4740 in extension.
Alternative scenario:
above 4808 look for further upside with 4833 & 4853 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
4853
4833
4808
4790 Last
4770
4740
4703
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