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Gold Intraday: bullish bias above 5085
Mar 4, 2026 8:52 PM
long positions above 5085 with targets at 5225 & 5260 in extension.
Pivot: 5085
Our preference:
long positions above 5085 with targets at 5225 & 5260 in extension.
Alternative scenario:
below 5085 look for further downside with 5050 & 4995 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
5335
5260
5225
5138 Last
5085
5050
4995
Our preference:
long positions above 5085 with targets at 5225 & 5260 in extension.
Alternative scenario:
below 5085 look for further downside with 5050 & 4995 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
5335
5260
5225
5138 Last
5085
5050
4995
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