Gold Intraday Signal: Further Advance Above 4107.00
Gold (XAU/USD) continues its bullish advance while holding above the pivot support at 4107.00. Buyers remain in control, targeting the next resistance zones at 4155.00 and 4185.00 in extension. The overall structure stays constructive, with higher lows forming on the intraday chart — a clear sign of steady demand and continuation potential.
The RSI advocates for further advance, reflecting persistent bullish momentum and growing buying interest. Price action also remains comfortably above both the 20- and 50-period moving averages, which confirms the alignment of short-term trend strength with the ongoing upmove. A decisive break above 4155.00 would likely trigger a continuation toward 4185.00 — the next key technical target.
Alternatively, a drop below 4107.00 would weaken the current bullish bias and expose downside levels at 4083.00 and 4064.00 before buyers may reappear.
Trade Setup:
Enter: Long above 4107.00
Stop-Loss (SL): 4083.00
Target A: 4155.00
Target B: 4185.00
