Trading signals for Gold (XAU/USD) on March 3-6, 2023: Key level $1,851 (200 EMA - 3/8 Murray)

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For the uptrend to prevail, we should wait for gold to consolidate above 1,851 (200 EMA). Then we could resume buying with targets at 1,865 and 1,875 (4/8 Murray).

The eagle indicator is giving overbought signals and it is likely that in the next few hours, a technical correction could occur only if the quote consolidates below 1,851.