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 | 6.336 | 6.3402 | 6.3511 | 6.3285 |
| USOil | 81.752 | 81.786 | 83.296 | 79.087 |
| UKOil | 86.646 | 86.706 | 88.114 | 82.494 |
| NGAS | 2.6905 | 2.7025 | 2.706 | 2.6719 |
| WHEATF | 669.07 | 670.17 | 666.19 | 650.08 |
| XAUUSD | 4023.27 | 4023.57 | 4029.91 | 4013.5 |
| XAGUSD | 57.026 | 57.347 | 57.518 | 56.695 |