Gold Intraday: continuation of the rebound
May 5, 2026 11:34 PM
long positions above 4545 with targets at 4605 & 4630 in extension.

Pivot: 4545
Our preference:
long positions above 4545 with targets at 4605 & 4630 in extension.
Alternative scenario:
below 4545 look for further downside with 4525 & 4500 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
4660
4630
4605
4581 Last
4545
4525
4500
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