Gold (XAUUSD) Intra-day Analysis 24th Mar. 2021

Under Pressure

Our Pivot: 1740.50

Our Preference: Short sell Gold below 1734.50 with strict stop loss of 1740.50 and profit target at 1727 with extension towards 1724 and 1719. 

Alternate Scenario: Upward penetration of 1740.50 will call for 1747 and 1751.

NOTE: XAUUSD is facing rejection from an ascending trend line.

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
Copper4.584.5842 4.5955 4.5346
USOil63.93863.972 64.568 63.869
UKOil67.38167.441 68.301 67.274
NGAS3.00543.0174 3.0215 2.9155
WHEATF533.09534.19 535.06 526.57
XAUUSD3443.583443.88 3450.39 3404.17
XAGUSD39.69839.742 39.986 38.713


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