Gold intraday: bullish bias above 4647.

Limited Increase
u
2026-05-11 19:28Source:TC

Pivot: 4647

Our preference: long positions above 4647 with targets at 4765 & 4800 in extension.

Alternative scenario: below 4647 look for further downside with 4585 & 4546 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

4900 *

4800 ***

4765 ***

4715 Last

4647 **

4585 **

4546 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-11-2026 at 19:28 UTC+1

Price reference: 4715 last known on 05-11-2026 at 19:28 UTC+1

Investment horizon: INTRADAY

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