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Gold Intraday: the bias remains bullish
Mar 6, 2026 7:54 AM
long positions above 5055 with targets at 5165 & 5195 in extension.
Pivot: 5055
Our preference:
long positions above 5055 with targets at 5165 & 5195 in extension.
Alternative scenario:
below 5055 look for further downside with 5025 & 4995 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5225
5195
5165
5114 Last
5055
5025
4995
Our preference:
long positions above 5055 with targets at 5165 & 5195 in extension.
Alternative scenario:
below 5055 look for further downside with 5025 & 4995 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
5225
5195
5165
5114 Last
5055
5025
4995
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Gold
4690.32
15.229999999999563
+32.60%
