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Gold Intraday: the bias remains bullish

May 11, 2026 7:18 PM
long positions above 4647 with targets at 4765 & 4800 in extension.
image
Pivot: 4647
Our preference:
long positions above 4647 with targets at 4765 & 4800 in extension.
Alternative scenario:
below 4647 look for further downside with 4585 & 4546 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
4900 *
4800 ***
4765 ***
4716 Last
4647 **
4585 **
4546 **
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.

Related Instruments

Gold
4363
5.79
+13.30%
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