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Gold Intraday: the bias remains bullish

Mar 9, 2026 8:09 AM
long positions above 5060 with targets at 5140 & 5175 in extension.
image
Pivot: 5060
Our preference:
long positions above 5060 with targets at 5140 & 5175 in extension.
Alternative scenario:
below 5060 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
5175
5140
5098 Last
5060
5025
4995
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