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Gold Intraday: key resistance at 5135
Mar 12, 2026 11:33 PM
short positions below 5135 with targets at 5055 & 5015 in extension.
Pivot: 5135
Our preference:
short positions below 5135 with targets at 5055 & 5015 in extension.
Alternative scenario:
above 5135 look for further upside with 5155 & 5185 as targets.
Comment:
as long as the resistance at 5135 is not surpassed, the risk of the break below 5055 remains high.
Supports and resistances:
5185
5155
5135
5093 Last
5055
5015
4980
Our preference:
short positions below 5135 with targets at 5055 & 5015 in extension.
Alternative scenario:
above 5135 look for further upside with 5155 & 5185 as targets.
Comment:
as long as the resistance at 5135 is not surpassed, the risk of the break below 5055 remains high.
Supports and resistances:
5185
5155
5135
5093 Last
5055
5015
4980
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