[2026-03-05] Gold Intraday: bounce.

Description

Pivot: 5110

Our preference: long positions above 5110 with targets at 5195 & 5225 in extension.

Alternative scenario: below 5110 look for further downside with 5080 & 5050 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

5260

5225

5195

5172 Last

5110

5080

5050

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