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 | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 4.9296 | 4.9338 | 5.0629 | 4.8779 |
| USOil | 63.249 | 63.283 | 63.993 | 62.494 |
| UKOil | 65.224 | 65.284 | 65.876 | 64.596 |
| NGAS | 3.7196 | 3.7316 | 3.7964 | 3.6159 |
| WHEATF | 545.59 | 546.69 | 549.69 | 540.07 |
| XAUUSD | 3350.67 | 3350.97 | 3403.56 | 3339.35 |
| XAGUSD | 35.628 | 35.662 | 36.088 | 34.417 |