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Gold Intraday: bullish bias above 4452
May 20, 2026 7:10 AM
long positions above 4452 with targets at 4505 & 4525 in extension.
Pivot: 4452
Our preference:
long positions above 4452 with targets at 4505 & 4525 in extension.
Alternative scenario:
below 4452 look for further downside with 4435 & 4418 as targets.
Comment:
a support base at 4452 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
4546 ***
4525 **
4505 ***
4474 Last
4452 ***
4435 **
4418 **
Our preference:
long positions above 4452 with targets at 4505 & 4525 in extension.
Alternative scenario:
below 4452 look for further downside with 4435 & 4418 as targets.
Comment:
a support base at 4452 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
4546 ***
4525 **
4505 ***
4474 Last
4452 ***
4435 **
4418 **
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