Gold Intraday Signal: Upside Prevails Toward 4375
Analysis:
Gold (XAU/USD) maintains a bullish intraday structure while holding above the pivot level at 4310. Buyers remain in control of the short-term trend, targeting 4353 initially and the primary upside objective at 4375 in extension. Price action continues to respect higher support levels, reinforcing the prevailing upward bias.
Momentum indicators align with the bullish outlook. The RSI advocates for further advance, signaling sustained buying pressure and supporting expectations for continued upside as long as price remains above the pivot. A clean break above 4353 would further validate the move toward 4375.
Alternatively, a move below 4310 would weaken the bullish scenario and expose downside levels at 4290 and 4275, where buyers may attempt to re-enter.
Trade Setup:
Enter: Long above 4310
Stop-Loss (SL): 4290
Target A: 4353
Target B: 4375
