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
Copper4.92964.9338 5.0629 4.8779
USOil63.24963.283 63.993 62.494
UKOil65.22465.284 65.876 64.596
NGAS3.71963.7316 3.7964 3.6159
WHEATF545.59546.69 549.69 540.07
XAUUSD3350.673350.97 3403.56 3339.35
XAGUSD35.62835.662 36.088 34.417


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