empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

02.03.202617:32 विदेशी मुद्रा विश्लेषण और समीक्षा: Trading Signals for GOLD on March 2-4, 2026: sell below $5,399 (21 SMA - +1/8 Murray)

Relevance up to 11:00 2026-03-16 UTC--4

Exchange Rates 02.03.2026 analysis

Gold is trading around $5,393, up +1/8 Murray and within the uptrend channel formed since February 17 with a bullish bias.

On the H4 chart, we can see that gold attempted to break through the strong resistance of the upper band of the uptrend channel around $5,420 during the European session.

According to the H4 chart, gold is showing signs of exhaustion in its bullish momentum. The formation of Japanese candlesticks on the 4-hour chart suggests that a technical reversal could follow.

A decline could happen in the coming hours towards the +1/8 Murray located at $5,312. Gold could even reach the lower band of the uptrend channel, which, in turn, coincides with the 21 SMA located at $5,243.

Gold left a gap around $5,275, which means that if it falls below $5,300, we could expect it to cover this gap. Therefore, the instrument could resume its upward cycle.

The Eagle indicator has reached extremely overbought levels, so a technical correction towards $5,243 is expected in the coming days.

A sharp break below the uptrend channel and a consolidation below $5,240 could be seen as a clear signal to sell gold with targets at the psychological level of $5,000 and even at the 200 EMA around $4,960.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.