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Reference for intraday gold levels on May 5, 2026; not investment advice.
Quarterly level at 4550, weekly level at 4460,
Above: 4588-4673-4717,
Below: 4460-4416-4331.
All major timeframes are at high levels, but internal timeframes' energy has not finished. The weekly level decline is hidden, indicating an invisible weekly downtrend. Watch whether the monthly close can also form an invisible decline; mid-term levels have not finished rising. The 3-hour, 4-hour, 6-hour, and 8-hour levels show a bottom, but the 3-day trend has already broken. Currently, the trend is based on the 5-day level. Pay attention to support at 4493 and 4460, especially the 4310 support. A break below could lead to a decline toward 4067. The short-term trend is based on the 45-minute level, with a bottom forming in a 45-minute rebound-downtrend pattern. Personal opinion, not investment advice.