Gold Intraday: bullish bias above 4511
May 18, 2026 7:21 AM
long positions above 4511 with targets at 4569 & 4583 in extension.

Pivot: 4511
Our preference:
long positions above 4511 with targets at 4569 & 4583 in extension.
Alternative scenario:
below 4511 look for further downside with 4487 & 4473 as targets.
Comment:
the RSI calls for a rebound.
Supports and resistances:
4597
4583
4569
4543 Last
4511
4487
4473
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