Gold Intraday: the downside prevails.

Limited Decrease
l
20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0%
2026-02-05 22:58Source:TC

Pivot: 4850

Our preference: short positions below 4850 with targets at 4710 & 4655 in extension.

Alternative scenario: above 4850 look for further upside with 4890 & 4940 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:

4940

4890

4850

4761 Last

4710

4655

4610

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-05-2026 at 22:58 UTC+1

Price reference: 4761 last known on 02-05-2026 at 22:58 UTC+1

Investment horizon: INTRADAY

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