Gold Intraday: under pressure.

Limited Decrease
l
20260121144143be960617fc45ef4c11af6e5f95c75870
XAUUSD+0%
2026-05-04 16:35Source:TC

Pivot: 4595

Our preference: short positions below 4595 with targets at 4520 & 4509 in extension.

Alternative scenario: above 4595 look for further upside with 4616 & 4627 as targets.

Comment: the upward potential is likely to be limited by the resistance at 4595.

Supports and resistances:

4627

4616

4595

4574 Last

4520

4509

4485

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-04-2026 at 16:35 UTC+1

Price reference: 4574 last known on 05-04-2026 at 16:35 UTC+1

Investment horizon: INTRADAY

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