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Gold Intraday: key resistance at 4555
May 18, 2026 3:07 AM
short positions below 4555 with targets at 4490 & 4460 in extension.
Pivot: 4555
Our preference:
short positions below 4555 with targets at 4490 & 4460 in extension.
Alternative scenario:
above 4555 look for further upside with 4585 & 4610 as targets.
Comment:
as long as 4555 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4610 **
4585 ***
4555 ***
4533 Last
4490 ***
4460 **
4430 ***
Our preference:
short positions below 4555 with targets at 4490 & 4460 in extension.
Alternative scenario:
above 4555 look for further upside with 4585 & 4610 as targets.
Comment:
as long as 4555 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
4610 **
4585 ***
4555 ***
4533 Last
4490 ***
4460 **
4430 ***
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Gold
4508.7
-34.02
-74.90%
