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Gold Intraday: the bias remains bullish
May 22, 2026 5:08 AM
long positions above 4510 with targets at 4552 & 4570 in extension.
Pivot: 4510
Our preference:
long positions above 4510 with targets at 4552 & 4570 in extension.
Alternative scenario:
below 4510 look for further downside with 4477 & 4452 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
4588 ***
4570 ***
4552 **
4527 Last
4510 ***
4477 **
4452 ***
Our preference:
long positions above 4510 with targets at 4552 & 4570 in extension.
Alternative scenario:
below 4510 look for further downside with 4477 & 4452 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
4588 ***
4570 ***
4552 **
4527 Last
4510 ***
4477 **
4452 ***
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