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Gold Intraday: bounce

Mar 5, 2026 1:11 AM
long positions above 5110 with targets at 5195 & 5225 in extension.
image
Pivot: 5110
Our preference:
long positions above 5110 with targets at 5195 & 5225 in extension.
Alternative scenario:
below 5110 look for further downside with 5080 & 5050 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
5260
5225
5195
5172 Last
5110
5080
5050
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