Gold Intraday Signal: Key Resistance at 3863.00
Gold faces strong resistance at 3863.00, which caps the upside potential in the intraday outlook. As long as price remains below this pivot, the bias stays bearish, with downside targets at 3837.00 and 3819.00. The RSI suggests limited buying strength, indicating sellers are more likely to dominate.
If buyers manage to push the price above 3863.00, the alternative scenario favors further gains towards 3878.00 and 3895.00, but the upward potential is expected to remain restricted.
Enter: Short below 3863.00
SL: 3878.00
Target A: 3837.00
Target B: 3819.00