Gold Intraday: the downside prevails
Mar 12, 2026 6:14 PM
short positions below 5135 with targets at 5080 & 5055 in extension.

Pivot: 5135
Our preference:
short positions below 5135 with targets at 5080 & 5055 in extension.
Alternative scenario:
above 5135 look for further upside with 5155 & 5185 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
5185
5155
5135
5110 Last
5080
5055
5015
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