Gold (XAUUSD) Intra-day Analysis 3rd May 2021
Further Advance
Our Pivot: 1766
Our Preference: Buy Gold above 1771.50 with strict stop loss of 1766 and profit target at 1781 with extension towards 1784.
Alternate Scenario: Downward penetration of 1766 will call for 1761 and 1757.
NOTE: Gold is moving upward after bullish breakout of its descending wedge.
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 | 6.6986 | 6.7028 | 6.7435 | 6.6866 |
| USOil | 86.683 | 86.717 | 87.098 | 86.132 |
| UKOil | 91.426 | 91.486 | 91.611 | 90.694 |
| NGAS | 2.9215 | 2.9335 | 2.9491 | 2.9085 |
| WHEATF | 780.58 | 781.68 | 782.18 | 766.69 |
| XAUUSD | 4431.32 | 4431.62 | 4461.7 | 4424.65 |
| XAGUSD | 66.393 | 66.716 | 67.238 | 65.929 |