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Gold Intraday: key resistance at 4520
Apr 29, 2026 11:34 PM
long positions above 4520 with targets at 4580 & 4610 in extension.
Pivot: 4520
Our preference:
long positions above 4520 with targets at 4580 & 4610 in extension.
Alternative scenario:
below 4520 look for further downside with 4480 & 4455 as targets.
Comment:
as long as the resistance at 4520 is not surpassed, the risk of the break below 4580 remains high.
Supports and resistances:
4635
4610
4580
4551 Last
4520
4480
4455
Our preference:
long positions above 4520 with targets at 4580 & 4610 in extension.
Alternative scenario:
below 4520 look for further downside with 4480 & 4455 as targets.
Comment:
as long as the resistance at 4520 is not surpassed, the risk of the break below 4580 remains high.
Supports and resistances:
4635
4610
4580
4551 Last
4520
4480
4455
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Gold
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-74.90%
