Gold (XAUUSD) Intra-day Analysis 3rd May 2021
Further Advance
Our Pivot: 1766
Our Preference: Buy Gold above 1771.50 with strict stop loss of 1766 and profit target at 1781 with extension towards 1784.
Alternate Scenario: Downward penetration of 1766 will call for 1761 and 1757.
NOTE: Gold is moving upward after bullish breakout of its descending wedge.
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 | 5.1067 | 5.1109 | 5.2354 | 5.0409 |
| USOil | 60.532 | 60.566 | 60.732 | 59.622 |
| UKOil | 64.925 | 64.985 | 65.171 | 64.035 |
| NGAS | 3.9561 | 3.9681 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4015.06 | 4015.46 | 4015.15 | 3915.09 |
| XAGUSD | 48.773 | 48.972 | 48.999 | 47.165 |