Gold (XAUUSD) Intra-day Analysis 5th May 2021
Under Pressure
Our Pivot: 1785.50
Our Preference: Short sell Gold below 1782 with strict stop loss of 1785.50 and profit target at 1775 with extension towards 1771.
Alternate Scenario: Upward penetration of 1785.50 will call for 1791 and 1795.
NOTE: Gold is in corrective mode of its last bearish rally.
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 | 4.6484 | 4.6526 | 4.7391 | 4.6261 |
| USOil | 63.433 | 63.467 | 63.693 | 62.738 |
| UKOil | 66.331 | 66.391 | 66.626 | 65.694 |
| NGAS | 3.49 | 3.502 | 3.63 | 3.4749 |
| WHEATF | 522.59 | 523.69 | 525.31 | 510.33 |
| XAUUSD | 3188.28 | 3188.58 | 3257.28 | 3173.81 |
| XAGUSD | 32.263 | 32.298 | 32.997 | 32.108 |