Gold Intraday: the bias remains bullish
May 7, 2026 3:22 AM
long positions above 4680 with targets at 4750 & 4770 in extension.

Pivot: 4680
Our preference:
long positions above 4680 with targets at 4750 & 4770 in extension.
Alternative scenario:
below 4680 look for further downside with 4650 & 4625 as targets.
Comment:
the RSI has just landed on a support around 30% and is reversing up.
Supports and resistances:
4800
4770
4750
4707 Last
4680
4650
4625
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