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Gold Intraday: limited upside
May 18, 2026 9:30 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 is mixed to bullish.
Supports and resistances:
4597 **
4583 **
4569 **
4552 Last
4511 **
4487 ***
4473 *
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 is mixed to bullish.
Supports and resistances:
4597 **
4583 **
4569 **
4552 Last
4511 **
4487 ***
4473 *
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.
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Gold
4508.7
-34.02
-74.90%
