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Gold Intraday: towards 4745
May 13, 2026 7:03 AM
long positions above 4685 with targets at 4725 & 4745 in extension.
Pivot: 4685
Our preference:
long positions above 4685 with targets at 4725 & 4745 in extension.
Alternative scenario:
below 4685 look for further downside with 4650 & 4620 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
4770 ***
4745 **
4725 *
4708 Last
4685 ***
4650 ***
4620 *
Our preference:
long positions above 4685 with targets at 4725 & 4745 in extension.
Alternative scenario:
below 4685 look for further downside with 4650 & 4620 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
4770 ***
4745 **
4725 *
4708 Last
4685 ***
4650 ***
4620 *
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