[2026-05-15] Gold intraday: the downside prevails.

Description

Pivot: 4670

Our preference: short positions below 4670 with targets at 4600 & 4585 in extension.

Alternative scenario: above 4670 look for further upside with 4690 & 4710 as targets.

Comment: the RSI calls for a drop.

Supports and resistances:

4710 ***

4690 **

4670 ***

4630 Last

4600 *

4585 **

4565 *

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