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Gold Intraday: turning down
Jun 5, 2026 4:10 PM
short positions below 4430 with targets at 4305 & 4230 in extension.
Pivot: 4430
Our preference:
short positions below 4430 with targets at 4305 & 4230 in extension.
Alternative scenario:
above 4430 look for further upside with 4495 & 4515 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
4515 ***
4495 **
4430 ***
4340 Last
4305 ***
4230 **
4130 **
Our preference:
short positions below 4430 with targets at 4305 & 4230 in extension.
Alternative scenario:
above 4430 look for further upside with 4495 & 4515 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
4515 ***
4495 **
4430 ***
4340 Last
4305 ***
4230 **
4130 **
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