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Gold Intraday: 5176 expected
Feb 23, 2026 12:20 PM
long positions above 5100 with targets at 5176 & 5210 in extension.
Pivot: 5100
Our preference:
long positions above 5100 with targets at 5176 & 5210 in extension.
Alternative scenario:
below 5100 look for further downside with 5055 & 5005 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5250
5210
5176
5150 Last
5100
5055
5005
Our preference:
long positions above 5100 with targets at 5176 & 5210 in extension.
Alternative scenario:
below 5100 look for further downside with 5055 & 5005 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5250
5210
5176
5150 Last
5100
5055
5005
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