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

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