Gold –21.05.2026

Gold –21.05.2026

Gold printed below 4500 which could lead to another drop.
As we see over the Intraday chart the market is facing resistances at 4570-90 and 4670.
As long as prices hold below 4670 the drop pressure could sustain towards the 4400 trend support.
Above 4590 more advance is likely with resistance at 4670.
Above 4670 more advance to test 4730-50 resistance could hit the market
Below 4400 more drop toward 4306 will be expected.

 

SUPPORT RESISTANCE
LEVEL1 4400 4570-90
LEVEL2 4306 4670
LEVEL3 4100 4750

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