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Gold Intraday: the downside prevails

Apr 29, 2026 1:55 PM
short positions below 4560 with targets at 4480 & 4455 in extension.
image
Pivot: 4560
Our preference:
short positions below 4560 with targets at 4480 & 4455 in extension.
Alternative scenario:
above 4560 look for further upside with 4580 & 4610 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
4610
4580
4560
4515 Last
4480
4455
4420
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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