Gold (XAUUSD) Intra-day Analysis 22nd Mar. 2021
Under Pressure
Our Pivot: 1739.70
Our Preference: Short sell Gold below 1734.50 with strict stop loss of 1739.70 and profit target at 1725 with extension towards 1721.
Alternate Scenario: Upward penetration of 1739.70 will call for 1745 and 1751.
NOTE: XAUUSD is trying to penetrate below supportive trend line of its bullish price channel.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 5.7726 | 5.7768 | 5.7874 | 5.7708 |
| USOil | 65.152 | 65.186 | 65.436 | 64.924 |
| UKOil | 70.206 | 70.246 | 70.255 | 67.344 |
| NGAS | 3.0566 | 3.0686 | 3.07 | 3.0135 |
| WHEATF | 553.58 | 553.94 | 553.17 | 541.13 |
| XAUUSD | 4966.12 | 4967.02 | 4989.18 | 4960.53 |
| XAGUSD | 76.684 | 77.043 | 77.895 | 76.628 |