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Gold Intraday: under pressure

Apr 28, 2026 7:16 AM
short positions below 4665 with targets at 4600 & 4580 in extension.
image
Pivot: 4665
Our preference:
short positions below 4665 with targets at 4600 & 4580 in extension.
Alternative scenario:
above 4665 look for further upside with 4695 & 4710 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
4710
4695
4665
4629 Last
4600
4580
4555
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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