Gold Intraday Signal: Watch 4560
The Gold Intraday Signal reflects prevailing downside pressure as price remains capped below the pivot resistance at 4560. As long as 4560 is not surpassed, the short-term bias remains negative, with risk skewed toward further decline. The inability to reclaim this level reinforces the bearish intraday structure.
Immediate support is located at 4505. A decisive break below this level would confirm renewed selling momentum and likely accelerate the decline toward the downside objective at 4485. Sellers retain tactical control while price trades beneath the pivot.
Trade Setup:
Enter: Short below 4560
Stop-Loss (SL): 4580
Target A: 4505
Target B: 4485