Gold (GC) Intra-day Analysis 24th Mar. 2021

Under Pressure

Our Pivot: 1739.80

Our Preference: Short sell Gold below 1733.50 with strict stop loss of 1739.80 and profit target at 1726 with extension towards 1721 and 1718. 

Alternate Scenario: Upward penetration of 1739.80 will call for 1745 and 1751.

NOTE: Gold have given bearish breakout of its ascending price channel.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper4.92884.933 5.0629 4.8779
USOil63.27963.313 63.993 62.494
UKOil65.25465.314 65.876 64.596
NGAS3.71953.7315 3.7964 3.6159
WHEATF546.08547.18 549.69 540.07
XAUUSD3351.993352.29 3403.56 3339.35
XAGUSD35.64935.684 36.088 34.417


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