Technical Analysis (Gold) : XAU/USD 20 May 2026

Technical Analysis : XAUUSD (Gold)

Date : 20 May 2026

Momentum : Down

First Scenario : short positions below 4,476.29 with targets at 4,445.71, 4,414.14 and 4,391.24

Second Scenario : long positions above 4,476.29 with targets at 4,509.05, 4,531.32 and 4,559.46

Comment : The price movement is no clear trend.

Supports and resistances :

4,559.46 **
4,531.32 *
4,509.05
4,462.00 - Last price
4,445.71
4,414.14 *
4,391.24 **

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