Gold Intraday: the bias remains bullish.

Limited Increase
u
20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0%
2026-05-07 05:22Source:TC

Pivot: 4680

Our preference: long positions above 4680 with targets at 4750 & 4770 in extension.

Alternative scenario: below 4680 look for further downside with 4650 & 4625 as targets.

Comment: the RSI has just landed on a support around 30% and is reversing up.

Supports and resistances:

4800

4770

4750

4707 Last

4680

4650

4625

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-07-2026 at 05:22 UTC+1

Price reference: 4707 last known on 05-07-2026 at 05:22 UTC+1

Investment horizon: INTRADAY

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