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 | 4.1162 | 4.1204 | 4.1679 | 4.1156 |
| USOil | 69.494 | 69.528 | 69.733 | 68.847 |
| UKOil | 73.506 | 73.566 | 73.761 | 72.885 |
| NGAS | 3.3425 | 3.3545 | 3.3726 | 3.1884 |
| WHEATF | 576.34 | 577.44 | 577.8 | 570.57 |
| XAUUSD | 2664.94 | 2665.27 | 2671.93 | 2648.73 |
| XAGUSD | 31.003 | 31.035 | 31.327 | 30.809 |