Gold (GC) Intra-day Analysis 24th Mar. 2021

Under Pressure

Our Pivot: 1739.80

Our Preference: Short sell Gold below 1733.50 with strict stop loss of 1739.80 and profit target at 1726 with extension towards 1721 and 1718. 

Alternate Scenario: Upward penetration of 1739.80 will call for 1745 and 1751.

NOTE: Gold have given bearish breakout of its ascending price channel.

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

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