Gold Intraday: the downside prevails

Jun 17, 2026 8:36 PM

short positions below 4300 with targets at 4200 & 4170 in extension.

Pivot: 4300
Our preference:
short positions below 4300 with targets at 4200 & 4170 in extension.
Alternative scenario:
above 4300 look for further upside with 4340 & 4380 as targets.
Comment:
a break below 4200 would trigger a drop towards 4170.
Supports and resistances:
4380 *
4340 **
4300 ***
4253 Last
4200 ***
4170 **
4135 **

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