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 | 6.336 | 6.3402 | 6.3511 | 6.3285 |
| USOil | 81.757 | 81.791 | 83.296 | 79.087 |
| UKOil | 86.645 | 86.715 | 88.114 | 82.494 |
| NGAS | 2.6905 | 2.7025 | 2.706 | 2.6719 |
| WHEATF | 669.07 | 670.17 | 666.19 | 650.08 |
| XAUUSD | 4022.65 | 4022.95 | 4029.91 | 4013.5 |
| XAGUSD | 57.018 | 57.338 | 57.518 | 56.695 |