[2026-03-12] Gold Intraday: under pressure.

Description

Pivot: 5195

Our preference: short positions below 5195 with targets at 5115 & 5090 in extension.

Alternative scenario: above 5195 look for further upside with 5215 & 5235 as targets.

Comment: as long as 5195 is resistance, expect a return to 5115.

Supports and resistances:

5235

5215

5195

5152 Last

5115

5090

5060

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