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 | 4.6377 | 4.6419 | 4.7391 | 4.6261 |
| USOil | 63.339 | 63.373 | 63.693 | 62.738 |
| UKOil | 66.229 | 66.289 | 66.626 | 65.694 |
| NGAS | 3.4999 | 3.5119 | 3.63 | 3.4749 |
| WHEATF | 522.07 | 523.17 | 525.31 | 510.33 |
| XAUUSD | 3177.59 | 3177.89 | 3257.28 | 3173.81 |
| XAGUSD | 32.148 | 32.184 | 32.997 | 32.108 |