Forex Trading Library

Gold –06.03.2026

By Rami Abu-Draa On Mar 6, 2026

On the Intraday chart, Gold is facing resistance around 5180, which could maintain the pressure over market with support still around 4994.

Above 5180 the market could start to gain some strength as the second resistance is still at 5227.

Above 5227 more advance will be expected towards 5300 and 5380.

Below 4994 more of a drop toward 4900 is likely.

	SUPPORT	RESISTANCE
LEVEL1	5100	5180
LEVEL2	4994	5227
LEVEL3	4960	5300

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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