Gold Intraday Signal: Watch 5215
The Gold Intraday Signal reflects choppy price action as the market fluctuates around the pivot level at 5215. With RSI hovering near its neutrality area at 50%, momentum lacks clear directional conviction. As long as price remains below 5215, the short-term bias tilts mildly to the downside.
Immediate support is located at 5168. A decisive break below this level would confirm renewed selling pressure and likely extend the decline toward the downside objective at 5150. The inability to reclaim 5215 reinforces the consolidative structure with a bearish tone.
Trade Setup:
Enter: Short below 5215
Stop-Loss (SL): 5250
Target A: 5168
Target B: 5150