Gold (XAUUSD) Intra-day Analysis 18th Mar. 2021

Further Advance

Our Pivot: 1740

Our Preference: Buy XAUUSD above 1746.50 with strict stop loss of 1740 and profit target at 1760 with extension towards 1769. 

Alternate Scenario: Downward penetration of 1740 will call for 1734 and 1629.

NOTE: XAUUSD is moving in a bullish price channel towards expansion of its recent correction.

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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