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 | 6.606 | 6.6102 | 6.6109 | 6.5557 |
| USOil | 100.952 | 101.026 | 101.778 | 100.558 |
| UKOil | 108.294 | 108.354 | 109.871 | 107.73 |
| NGAS | 3.0674 | 3.0794 | 3.1284 | 3.0259 |
| WHEATF | 664.32 | 665.42 | 665.44 | 656.83 |
| XAUUSD | 4172.58 | 4172.88 | 4187.82 | 4163 |
| XAGUSD | 57.311 | 57.634 | 57.671 | 56.715 |