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Gold Intraday: consolidation in place
Mar 18, 2026 9:38 AM
short positions below 5025 with targets at 4965 & 4945 in extension.
Pivot: 5025
Our preference:
short positions below 5025 with targets at 4965 & 4945 in extension.
Alternative scenario:
above 5025 look for further upside with 5044 & 5065 as targets.
Comment:
as long as 5025 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5065
5044
5025
4990 Last
4965
4945
4920
Our preference:
short positions below 5025 with targets at 4965 & 4945 in extension.
Alternative scenario:
above 5025 look for further upside with 5044 & 5065 as targets.
Comment:
as long as 5025 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5065
5044
5025
4990 Last
4965
4945
4920
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