Gold Intraday Signal: Bullish Momentum Holds Above 4036.00
Gold (XAU/USD) continues to trade with a bullish intraday bias while holding above the pivot support at 4036.00. Buyers are in control, targeting the next resistance levels at 4078.00 and 4101.00. The current structure suggests that as long as the price stays above 4036.00, the path of least resistance remains to the upside, supported by renewed demand and constructive momentum.
Price action is well-aligned with short-term moving averages, confirming that the trend remains upward. The RSI also maintains a positive tone, reflecting sustained buying pressure in the market. A clear break above 4078.00 would validate further gains toward 4101.00 — marking an extension of the bullish move.
Alternatively, a drop below 4036.00 would weaken the immediate bullish bias and open the way toward 4022.00 and 4000.00 before potential buyers reappear.
Trade Setup:
Enter: Long above 4036.00
Stop-Loss (SL): 4022.00
Target A: 4078.00
Target B: 4101.00
