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Gold Intraday: key resistance at 4505
Jun 3, 2026 5:00 AM
short positions below 4505 with targets at 4445 & 4420 in extension.
Pivot: 4505
Our preference:
short positions below 4505 with targets at 4445 & 4420 in extension.
Alternative scenario:
above 4505 look for further upside with 4545 & 4580 as targets.
Comment:
as long as 4505 is resistance, expect a return to 4445.
Supports and resistances:
4580 **
4545 ***
4505 **
4470 Last
4445 ***
4420 ***
4400 **
Our preference:
short positions below 4505 with targets at 4445 & 4420 in extension.
Alternative scenario:
above 4505 look for further upside with 4545 & 4580 as targets.
Comment:
as long as 4505 is resistance, expect a return to 4445.
Supports and resistances:
4580 **
4545 ***
4505 **
4470 Last
4445 ***
4420 ***
4400 **
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