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Gold Intraday: 4570 in sight
May 31, 2026 11:32 PM
long positions above 4515 with targets at 4570 & 4595 in extension.
Pivot: 4515
Our preference:
long positions above 4515 with targets at 4570 & 4595 in extension.
Alternative scenario:
below 4515 look for further downside with 4490 & 4465 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
4620 *
4595 ***
4570 **
4544 Last
4515 ***
4490 **
4465 **
Our preference:
long positions above 4515 with targets at 4570 & 4595 in extension.
Alternative scenario:
below 4515 look for further downside with 4490 & 4465 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
4620 *
4595 ***
4570 **
4544 Last
4515 ***
4490 **
4465 **
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