Gold Scalping Signals - Blog Details

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01 May 2026

📊 XAUUSD Technical Outlook

Gold remains bearish in the short term as price stays below the 100-day SMA (4,761) and key Fibonacci levels 📉

🔻 Momentum is still weak, with RSI around 41 — showing more downside potential, though small pullbacks may happen.

🔑 Key Levels:

⬆️ Resistance:

4,603 → 4,759 – 4,761 → 4,914

⬇️ Support:

4,381 → 4,281 → 4,099

💡 Bias: Bearish below 4,761

Expect continued pressure unless price breaks above this zone.

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