May 7, 2026, Gold Intraday Reference Levels, not investment advice.

Monthly level: 4695, Weekly level: 4692,
Above: 4778-4839-4955,
Below: 4602-4486-4425.
Influenced by the approaching end of the US-Iran war, gold currently maintains a strong trading range, but on higher timeframes, it remains in a high-altitude zone, with internal time-level energy not yet exhausted.
The 4-hour chart has already moved above water, and the bottom has reached the 6-hour level; all time levels within 6 hours are above water.
Both the 6-hour and 8-hour levels show a bottom, indicating a continuation of the upward trend after a large rally, with indicator recovery.
Focus on whether the 6-hour can stay above water, whether the 12-hour can effectively break through the 60-day moving average, and whether the daily chart can form a golden cross.
The 3-day trend has already broken down; currently, the trend is based on the 5-day moving average, but the price has returned within the 3-day moving average.
Watch the support at 4581 points.
Currently, the smaller timeframes are in a recovery phase, having reached the 90-minute level.
In the short term, focus on the support levels of the 15-minute, 30-minute, and 60-day moving averages.
This is just a personal opinion and not investment advice.