Gold (GC) Intra-day Analysis 3rd May 2021

Further Advance

Our Pivot: 1765

Our Preference: Buy Gold above 1771 with strict stop loss of 1765 and profit target at 1780 with extension towards 1783.

Alternate Scenario: Downward penetration of 1765 will call for 1761 and 1757.

NOTE: Gold is moving upward after bullish breakout of its descending wedge.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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