Gold (GC) Intra-day Analysis 5th Mar. 2021

Further Advance

Our Pivot: 1687

Our Preference: Buy Gold above 1698 with strict stop loss of 1687 and profit target at 1721 with extension towards 1728.

Alternate Scenario: Downward penetration of 1687 will call for 1675 and 1664.

NOTE: Gold have penetrated its descending wedge in upward direction so now a bullish spike could be witnessed.

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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