Gold Intraday: further advance

Jun 16, 2026 9:12 AM

long positions above 4295 with targets at 4365 & 4405 in extension.

Pivot: 4295
Our preference:
long positions above 4295 with targets at 4365 & 4405 in extension.
Alternative scenario:
below 4295 look for further downside with 4245 & 4170 as targets.
Comment:
the RSI is supported by a bullish trend line.
Supports and resistances:
4435 *
4405 **
4365 ***
4342 Last
4295 **
4245 ***
4170 **

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