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
Copper4.92964.9338 5.0629 4.8779
USOil63.24863.282 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
XAUUSD3350.673350.97 3403.56 3339.35
XAGUSD35.62835.662 36.088 34.417


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