empty
 
 
11.03.2026 07:15 AM
Trading Signals for GOLD on March 11-14, 2026: buy above $5,250 (21 SMA - 8/8 Murray)

This image is no longer relevant

Gold is trading around $5,200, undergoing a slight technical correction after attempting to break through the top of the bullish channel during Tuesday's US session.

Given that gold has reached resistance levels, it will likely continue its technical correction in the coming hours towards the 21 SMA located at $5,141 and could even reach the 61.8% Fibonacci level of $5,100.

Given that XAU/USD is showing positive signs, any pullback in the coming days could be seen as a signal to continue buying with targets around $5,600.

If gold breaks above Tuesday's high, we could expect a further upward movement, and it could reach February's high of $5,440.

In case of a decline, the price is expected to find good support around $5,141. Once this level is broken, it is likely to drop to the next support around $5,033 and finally to the psychological level of $5,000.

Our strategy remains bullish for gold, so we will look for opportunities to buy in the coming days above the 21 SMA. The Eagle indicator is showing a positive signal, which supports our strategy.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback