Gold Intraday Signal: Watch 4690
The Gold Intraday Signal reflects continuation of the rebound as price remains supported above the pivot level at 4690. Momentum conditions remain constructive, with the RSI calling for further upside and reinforcing the recovery structure. As long as price trades above 4690, buyers retain short-term control.
Immediate resistance is located at 4740. A sustained move above this level would confirm renewed buying momentum and likely extend the advance toward the upside objective at 4770. Holding above the pivot keeps the bullish intraday scenario intact and supports continuation of the rebound phase.
Trade Setup:
Enter: Long above 4690
Stop-Loss (SL): 4657
Target A: 4740
Target B: 4770