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Gold Intraday: continuation of the rebound
Mar 23, 2026 12:01 PM
long positions above 4242 with targets at 4500 & 4605 in extension.
Pivot: 4242
Our preference:
long positions above 4242 with targets at 4500 & 4605 in extension.
Alternative scenario:
below 4242 look for further downside with 4098 & 4000 as targets.
Comment:
the break above 4242 is a positive signal that has opened a path to 4500.
Supports and resistances:
4690
4605
4500
4397 Last
4242
4098
4000
Our preference:
long positions above 4242 with targets at 4500 & 4605 in extension.
Alternative scenario:
below 4242 look for further downside with 4098 & 4000 as targets.
Comment:
the break above 4242 is a positive signal that has opened a path to 4500.
Supports and resistances:
4690
4605
4500
4397 Last
4242
4098
4000
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