Gold (GC) Intra-day Analysis 28th Apr. 2021v

Under Pressure

Our Pivot: 1773

Our Preference: Short sell Gold below 1769 with strict stop loss of 1773 and profit target at 1762 with extension towards 1757. 

Alternate Scenario: Upward penetration of 1773 will call for 1777 and 1781.

NOTE: Gold have given bearish breakout of its triangle and now its moving in a descending 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

TickerBidAskHighLow
Copper5.7735.7772 5.7874 5.7708
USOil65.13465.168 65.436 64.924
UKOil70.20670.246 70.255 67.344
NGAS3.05993.0719 3.0725 3.0135
WHEATF553.58553.94 553.17 541.13
XAUUSD4965.594966.49 4989.18 4960.53
XAGUSD76.58876.948 77.895 76.578


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