Gold Intraday Signal: Bullish Above 4191 Toward 4231
Analysis:
Gold maintains a bullish intraday bias while trading above the key pivot at 4191. Price action continues to hold support at 4174, with buyers defending higher lows and attempting to push toward the upper targets at 4231 and 4246. Market structure suggests that as long as 4191 remains intact, upside continuation is favored.
Although some consolidation may persist, its depth is expected to remain limited. Momentum remains supportive of further gains, and a clean break above the intraday resistance would strengthen the bullish scenario. A move below 4191, however, would expose the downside toward 4174 and 4162.
Trade Setup:
Enter: Long above 4191
Stop-Loss (SL): 4174
Target A: 4231
Target B: 4246
