Gold (XAUUSD) Intra-day Analysis 28th Apr. 2021

Under Pressure

Our Pivot: 1774

Our Preference: Short sell Gold below 1769.50 with strict stop loss of 1774 and profit target at 1763 with extension towards 1757. 

Alternate Scenario: Upward penetration of 1774 will call for 1780 and 1784.

NOTE: Gold is moving in a descending price channel.

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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