Technical Analysis (Gold) : XAU/USD 12 May 2026

Technical Analysis : XAUUSD (Gold)

Date : 12 May 2026

Momentum : Down

First Scenario : short positions below 4,729.22 with targets at 4,697.40, 4,676.54 and 4,647.99

Second Scenario : long positions above 4,729.22 with targets at 4,748.80, 4,773.67 and 4,798.33

Comment : The price movement is no clear trend.

Supports and resistances :

4,798.33 **
4,773.67 *
4,748.80
4,715.47 - Last price
4,697.40
4,676.54 *
4,647.99 **

Warning : This information is not a buy-sell signal.