[2026-05-11] Gold Intraday: the downside prevails.

Description

Pivot: 4745

Our preference: short positions below 4745 with targets at 4660 & 4625 in extension.

Alternative scenario: above 4745 look for further upside with 4765 & 4800 as targets.

Comment: a break below 4660 would trigger a drop towards 4625.

Supports and resistances:

4800 *

4765 **

4745 ***

4683 Last

4660 **

4625 *

4585 *

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