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 | 4.1118 | 4.116 | 4.1679 | 4.1065 |
| USOil | 69.638 | 69.672 | 69.962 | 68.847 |
| UKOil | 73.641 | 73.701 | 73.991 | 72.885 |
| NGAS | 3.3706 | 3.3826 | 3.3855 | 3.1884 |
| WHEATF | 575.07 | 576.17 | 577.8 | 570.57 |
| XAUUSD | 2667.11 | 2667.44 | 2671.93 | 2648.73 |
| XAGUSD | 31.018 | 31.049 | 31.327 | 30.809 |