Gold (XAUUSD) Intra-day Analysis 5th Mar. 2021

Further Advance

Our Pivot: 1691

Our Preference: Buy XAUUSD above 1702 with strict stop loss of 1691 and profit target at 1723 with extension towards 1732. 

Alternate Scenario: Downward penetration of 1691 will call for 1681 and 1677.

NOTE: XAUUSD have penetrated its descending wedge in upward direction so now a bullish spike could be witnessed.

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
Copper5.11785.122 5.1471 5.0192
USOil65.10265.126 66.108 64.803
UKOil67.41467.454 68.446 67.179
NGAS3.73543.7444 3.7556 3.5064
WHEATF540.94541.3 545.69 536.09
XAUUSD3273.43273.7 3328.35 3255.7
XAGUSD35.97736.019 36.744 35.78


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