Gold (XAUUSD) Intra-day Analysis 5th Mar. 2021
Further Advance
Our Pivot: 1691
Our Preference: Buy XAUUSD above 1702 with strict stop loss of 1691 and profit target at 1723 with extension towards 1732.
Alternate Scenario: Downward penetration of 1691 will call for 1681 and 1677.
NOTE: XAUUSD have penetrated its descending wedge in upward direction so now a bullish spike could be witnessed.
Chart with supports & resistances:
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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 | 6.7028 | 6.707 | 6.7435 | 6.6866 |
| USOil | 86.708 | 86.742 | 87.098 | 86.132 |
| UKOil | 91.31 | 91.37 | 91.611 | 90.694 |
| NGAS | 2.9339 | 2.9459 | 2.9491 | 2.9085 |
| WHEATF | 772.95 | 774.05 | 780.18 | 766.69 |
| XAUUSD | 4433.03 | 4433.33 | 4461.7 | 4424.65 |
| XAGUSD | 66.451 | 66.773 | 67.238 | 65.929 |