Gold Intraday: under pressure

May 27, 2026 11:40 PM

short positions below 4475 with targets at 4425 & 4400 in extension.

Pivot: 4475
Our preference:
short positions below 4475 with targets at 4425 & 4400 in extension.
Alternative scenario:
above 4475 look for further upside with 4500 & 4520 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
4520 *
4500 ***
4475 ***
4451 Last
4425 ***
4400 **
4380 **

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