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Gold Short Term: key resistance at 4850
Mar 30, 2026 12:39 AM
short positions below 4850 with targets at 4160 & 3890 in extension.
Pivot: 4850
Our preference:
short positions below 4850 with targets at 4160 & 3890 in extension.
Alternative scenario:
above 4850 look for further upside with 5080 & 5410 as targets.
Comment:
as long as 4850 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5410
5080
4850
4459 Last
4160
3890
3720
Our preference:
short positions below 4850 with targets at 4160 & 3890 in extension.
Alternative scenario:
above 4850 look for further upside with 5080 & 5410 as targets.
Comment:
as long as 4850 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
5410
5080
4850
4459 Last
4160
3890
3720
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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