Gold Intraday: 4580 expected

May 29, 2026 11:13 AM

long positions above 4490 with targets at 4550 & 4580 in extension.

Pivot: 4490
Our preference:
long positions above 4490 with targets at 4550 & 4580 in extension.
Alternative scenario:
below 4490 look for further downside with 4475 & 4459 as targets.
Comment:
the break above 4490 is a positive signal that has opened a path to 4550.
Supports and resistances:
4605 *
4580 ***
4550 ***
4535 Last
4490 ***
4475 ***
4459 **

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