[2026-03-20] Gold Intraday: bounce.

Description

Pivot: 4570

Our preference: long positions above 4570 with targets at 4710 & 4810 in extension.

Alternative scenario: below 4570 look for further downside with 4500 & 4455 as targets.

Comment: the RSI is below its neutrality area at 50% but reversing up.

Supports and resistances:

4865

4810

4710

4648 Last

4570

4500

4455

Make sure to follow us for daily market analysis and trading tips. Let’s turn knowledge into profit together! 💰💹