Gold Intraday Signal: Bullish Bias Above 4023.00
Gold continues to display strong bullish momentum, trading comfortably above the key pivot level at 4023.00. Buyers remain in control as the market aims for a retest of the 4090.00 and 4128.00 resistance zones. The RSI remains in bullish territory, confirming sustained upward strength and supporting the continuation of the uptrend.
As long as the price holds above 4023.00, the path of least resistance remains upward. The structure suggests steady accumulation and renewed investor demand driven by weaker U.S. dollar sentiment and safe-haven flows. A clean break above 4090.00 would strengthen bullish conviction toward 4128.00, the next major target.
Conversely, if the metal slips below 4023.00, short-term profit-taking could trigger a correction toward 3995.00 and 3970.00, though overall bias would still favor buyers above key support.
Enter: Long above 4023.00
SL: 3995.00
Target A: 4090.00
Target B: 4128.00
