- February 2, 2026
- Posted by: EWGFX
- Category: Technical analysis
No Comments
XAU/USD may fall 139.00 – 279.00 USD
Our preference
Short positions below 4845 with targets at 4410 & 4270 in extension.
5110.00 Resistance •••
4960.00 Resistance ••
4845.00 Resistance •
4549.00 Last
4845.00 Pivot
4410.00 Support •
4270.00 Support ••
4170.00 Support •••
Comment
The RSI shows downside momentum.
Alternative scenario
Above 4845 look for further upside with 4960 & 5110 as targets.