Gold (GC) Intra-day Analysis 5th Mar. 2021

Further Advance

Our Pivot: 1687

Our Preference: Buy Gold above 1698 with strict stop loss of 1687 and profit target at 1721 with extension towards 1728. 

Alternate Scenario: Downward penetration of 1687 will call for 1675 and 1664.

NOTE: Gold have penetrated its descending wedge in upward direction so now a bullish spike could be witnessed.

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
XAUUSD3351.83352.1 3403.56 3339.35
XAGUSD35.64935.684 36.088 34.417


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