Gold Intraday Signal: Further Upside Toward 4460
Analysis:
Gold (XAU/USD) maintains a bullish intraday structure while trading above the pivot level at 4370. Buyers remain firmly in control, targeting 4435 initially and the primary upside objective at 4460 in extension. Price action continues to hold above key support, reinforcing the continuation of the upward move.
Momentum indicators confirm the bullish outlook. The RSI shows clear upside momentum, signaling strong buying pressure and supporting expectations for further gains as long as price remains above the pivot. The overall structure suggests pullbacks should remain corrective.
Alternatively, a break below 4370 would weaken the bullish scenario and expose downside levels at 4340 and 4310, where buyers may attempt to stabilize price.
Trade Setup:
Enter: Long above 4370
Stop-Loss (SL): 4340
Target A: 4435
Target B: 4460