Gold (GC) Intra-day Analysis 5th May 2021
Under Pressure
Our Pivot: 1785.50
Our Preference: Short sell Gold below 1782 with strict stop loss of 1785.50 and profit target at 1775 with extension towards 1771.
Alternate Scenario: Upward penetration of 1785.50 will call for 1791 and 1795.
NOTE: Gold is in corrective mode of its last bearish rally.
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 | 4.1534 | 4.1576 | 4.1652 | 4.1373 |
| USOil | 69.677 | 69.711 | 69.733 | 68.847 |
| UKOil | 73.679 | 73.739 | 73.761 | 72.885 |
| NGAS | 3.355 | 3.367 | 3.3681 | 3.1884 |
| WHEATF | 575.59 | 576.69 | 577.44 | 570.57 |
| XAUUSD | 2666.89 | 2667.22 | 2670.5 | 2648.73 |
| XAGUSD | 31.179 | 31.212 | 31.327 | 30.809 |