Gold (XAUUSD) Intra-day Analysis 18th Mar. 2021

Further Advance

Our Pivot: 1740

Our Preference: Buy XAUUSD above 1746.50 with strict stop loss of 1740 and profit target at 1760 with extension towards 1769. 

Alternate Scenario: Downward penetration of 1740 will call for 1734 and 1629.

NOTE: XAUUSD is moving in a bullish price channel towards expansion of its recent correction.

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
Copper4.92964.9338 5.0629 4.8779
USOil63.24963.283 63.993 62.494
UKOil65.22465.284 65.876 64.596
NGAS3.71963.7316 3.7964 3.6159
WHEATF545.59546.69 549.69 540.07
XAUUSD3350.663350.96 3403.56 3339.35
XAGUSD35.62635.66 36.088 34.417


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