[2026-05-12] Gold intraday: look for 4830.

Description

Pivot: 4705

Our preference: long positions above 4705 with targets at 4795 & 4830 in extension.

Alternative scenario: below 4705 look for further downside with 4680 & 4650 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

4855 **

4830 **

4795 **

4760 Last

4705 ***

4680 **

4650 ***

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