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Gold Intraday: continuation of the rebound

Mar 23, 2026 12:01 PM
long positions above 4242 with targets at 4500 & 4605 in extension.
image
Pivot: 4242
Our preference:
long positions above 4242 with targets at 4500 & 4605 in extension.
Alternative scenario:
below 4242 look for further downside with 4098 & 4000 as targets.
Comment:
the break above 4242 is a positive signal that has opened a path to 4500.
Supports and resistances:
4690
4605
4500
4397 Last
4242
4098
4000
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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