Gold (GC) Intra-day Analysis 3rd May 2021

Further Advance

Our Pivot: 1765

Our Preference: Buy Gold above 1771 with strict stop loss of 1765 and profit target at 1780 with extension towards 1783. 

Alternate Scenario: Downward penetration of 1765 will call for 1761 and 1757.

NOTE: Gold is moving upward after bullish breakout of its descending wedge.

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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