Gold (XAUUSD) Intra-day Analysis 27th Apr. 2021

Further Advance

Our Pivot: 1773

Our Preference: Buy Gold above 1780 with strict stop loss of 1773 and profit target at 1790 and 1797 with extension towards 1805.

Alternate Scenario: Downward penetration of 1773 will call for 1767 and 1763.

NOTE: Gold is caged in a triangle and trying to generate a bullish engulfing pattern on four hourly chart.

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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