[2026-05-19] Gold intraday: bullish bias above 4535.

Description

Pivot: 4535

Our preference: long positions above 4535 with targets at 4605 & 4640 in extension.

Alternative scenario: below 4535 look for further downside with 4500 & 4480 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

4665 ***

4640 **

4605 *

4565 Last

4535 ***

4500 **

4480 ***

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