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Gold Intraday: bullish bias above 4665
May 6, 2026 11:33 PM
long positions above 4665 with targets at 4720 & 4750 in extension.
Pivot: 4665
Our preference:
long positions above 4665 with targets at 4720 & 4750 in extension.
Alternative scenario:
below 4665 look for further downside with 4645 & 4625 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
4770
4750
4720
4693 Last
4665
4645
4625
Our preference:
long positions above 4665 with targets at 4720 & 4750 in extension.
Alternative scenario:
below 4665 look for further downside with 4645 & 4625 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
4770
4750
4720
4693 Last
4665
4645
4625
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