tradingkey.logo
tradingkey.logo
Search

Gold Intraday: the downside prevails

May 18, 2026 1:08 AM
short positions below 4555 with targets at 4460 & 4430 in extension.
image
Pivot: 4555
Our preference:
short positions below 4555 with targets at 4460 & 4430 in extension.
Alternative scenario:
above 4555 look for further upside with 4585 & 4610 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
4610 **
4585 ***
4555 ***
4501 Last
4460 **
4430 ***
4000 **
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
4508.06
-34.66
-76.30%
KeyAI