Forex Trading Library

Gold –11.03.2026

By Rami Abu-Draa On Mar 11, 2026

Gold managed to print above 5227 which could lead to a higher advance.
Intraday prices show support around 5194 where as long as the market holds above it, the advance wave could expand toward the target of 5300.
Below 5194 more of a drop to test the support of 5117-40 will be expected which could push for a rebound.

	SUPPORT	RESISTANCE
LEVEL1	5194	5239
LEVEL2	5117-40	5300
LEVEL3	5060	5380

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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