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 | 6.6033 | 6.6075 | 6.6097 | 6.5557 |
| USOil | 100.973 | 101.057 | 101.778 | 100.558 |
| UKOil | 108.329 | 108.389 | 109.871 | 107.73 |
| NGAS | 3.0679 | 3.0799 | 3.1284 | 3.0259 |
| WHEATF | 664.32 | 665.42 | 665.44 | 656.83 |
| XAUUSD | 4173.29 | 4173.59 | 4187.82 | 4163 |
| XAGUSD | 57.311 | 57.631 | 57.67 | 56.715 |