[2026-06-02] Gold intraday: the downside prevails.

Description

Pivot: 4510

Our preference: short positions below 4510 with targets at 4440 & 4400 in extension.

Alternative scenario: above 4510 look for further upside with 4545 & 4580 as targets.

Comment: as long as 4510 is resistance, expect a return to 4440.

Supports and resistances:

4580 *

4545 *

4510 ***

4482 Last

4440 ***

4400 *

4365 *

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