2026/03/10 Gold Analysis

Both the daily and 4-hour charts are in a range.

The daily chart shows the short-term stochastics are hidden, while the long-term is up, giving an impression of waiting to buy.

In the short term it looks bearish, but in the long term it looks bullish, so it may end up being bought.

The 4-hour chart also suggests a range for both the indicator and stochastics.

Since it’s a lower-high pattern, it can be interpreted as bearish, but it can also be seen as being bounced around near the 200 EMA.

Buying defense line

Around 5081

Around 5016

Selling defense line

Around 5193

Around 5260