Gold (XAUUSD) Intra-day Analysis 22nd Mar. 2021
Under Pressure
Our Pivot: 1739.70
Our Preference: Short sell Gold below 1734.50 with strict stop loss of 1739.70 and profit target at 1725 with extension towards 1721.
Alternate Scenario: Upward penetration of 1739.70 will call for 1745 and 1751.
NOTE: XAUUSD is trying to penetrate below supportive trend line of its bullish price channel.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 5.1045 | 5.1087 | 5.2354 | 5.0409 |
| USOil | 60.487 | 60.521 | 60.732 | 59.622 |
| UKOil | 64.894 | 64.954 | 65.171 | 64.035 |
| NGAS | 3.9666 | 3.9786 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4016.32 | 4016.72 | 4015.15 | 3915.09 |
| XAGUSD | 48.786 | 48.989 | 48.999 | 47.165 |