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
Copper6.33596.3401 6.3511 6.3285
USOil81.78981.823 83.296 79.087
UKOil86.67586.755 88.114 82.494
NGAS2.69052.7025 2.706 2.6719
WHEATF669.07670.17 666.19 650.08
XAUUSD4022.814023.11 4029.91 4013.5
XAGUSD57.02457.345 57.518 56.695


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