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
Copper5.11785.122 5.1471 5.0192
USOil65.10265.126 66.108 64.803
UKOil67.41467.454 68.446 67.179
NGAS3.73543.7444 3.7556 3.5064
WHEATF540.94541.3 545.69 536.09
XAUUSD3273.43273.7 3328.35 3255.7
XAGUSD35.97736.019 36.744 35.78


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