Gold (XAUUSD) Intra-day Analysis 24th Mar. 2021

Under Pressure

Our Pivot: 1740.50

Our Preference: Short sell Gold below 1734.50 with strict stop loss of 1740.50 and profit target at 1727 with extension towards 1724 and 1719. 

Alternate Scenario: Upward penetration of 1740.50 will call for 1747 and 1751.

NOTE: XAUUSD is facing rejection from an ascending trend line.

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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