Gold Intraday Trading Plan 3//5/2026

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Gold Intraday Trading Plan 3//5/2026Gold (XAUUSD)CAPITALCOM:GOLDSteadyFundGold moved up slowly yesterday to 5205 and got rejected from there. It closed the day with a green bar. However, this bar is not strong enough and can be considered as retrace. Currently it is forming head and shoulder pattern in 4H TF. Once the right shoulder has been completed, we should see a heavy drop to at least 4938. My final target for today is 4865.