Gold Intraday: the upside prevails.

Limited Increase
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20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0%
2026-05-06 05:49Source:TC

Pivot: 4585

Our preference: long positions above 4585 with targets at 4660 & 4705 in extension.

Alternative scenario: below 4585 look for further downside with 4545 & 4525 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

4760

4705

4660

4644 Last

4585

4545

4525

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-06-2026 at 05:49 UTC+1

Price reference: 4644 last known on 05-06-2026 at 05:49 UTC+1

Investment horizon: INTRADAY

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