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Gold Intraday: the downside prevails

Mar 18, 2026 11:27 AM
short positions below 4992 with targets at 4940 & 4910 in extension.
image
Pivot: 4992
Our preference:
short positions below 4992 with targets at 4940 & 4910 in extension.
Alternative scenario:
above 4992 look for further upside with 5020 & 5044 as targets.
Comment:
the break below 4992 is a negative signal that has opened a path to 4940.
Supports and resistances:
5044
5020
4992
4961 Last
4940
4910
4887
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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