Gold Intraday: further upside
May 6, 2026 1:09 AM
long positions above 4565 with targets at 4630 & 4660 in extension.

Pivot: 4565
Our preference:
long positions above 4565 with targets at 4630 & 4660 in extension.
Alternative scenario:
below 4565 look for further downside with 4545 & 4525 as targets.
Comment:
the RSI shows upside momentum.
Supports and resistances:
4700
4660
4630
4618 Last
4565
4545
4525
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.