Gold Intraday: the upside prevails.

Limited Increase
u
20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0%
2026-05-07 22:42Source:TC

Pivot: 4685

Our preference: long positions above 4685 with targets at 4770 & 4800 in extension.

Alternative scenario: below 4685 look for further downside with 4660 & 4630 as targets.

Comment: the RSI is below its neutrality area at 50% but reversing up.

Supports and resistances:

4830

4800

4770

4712 Last

4685

4660

4630

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-07-2026 at 22:42 UTC+1

Price reference: 4712 last known on 05-07-2026 at 22:42 UTC+1

Investment horizon: INTRADAY

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