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Gold Intraday: choppy

May 22, 2026 3:56 PM
long positions above 4490 with targets at 4566 & 4586 in extension.
image
Pivot: 4490
Our preference:
long positions above 4490 with targets at 4566 & 4586 in extension.
Alternative scenario:
below 4490 look for further downside with 4477 & 4452 as targets.
Comment:
the RSI is mixed to bullish.
Supports and resistances:
4620 ***
4586 ***
4566 **
4521 Last
4490 ***
4477 **
4452 **
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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