The gold‐catalyzed intermolecular Diels–Alder cycloaddition and competitive Michael addition reactions between 2‐vinylindoles and enones/enals are reported. The reaction outcome strictly correlates with the electronic character of the heteroaromatic substrate. Thus, Diels–Alder cycloadducts are the sole products in the presence of less electron‐rich heterocycles, whereas Michael addition adducts are observed with more electron‐rich heterocycles. Plausible competitive reaction mechanisms are proposed and discussed as well.
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