Gold (XAUUSD) 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 | 6.1249 | 6.1291 | 6.223 | 6.0609 |
| USOil | 74.507 | 74.541 | 76.093 | 71.729 |
| UKOil | 79.056 | 79.116 | 80.616 | 75.434 |
| NGAS | 3.2174 | 3.2294 | 3.3601 | 3.2115 |
| WHEATF | 605.7 | 606.8 | 627.43 | 610.07 |
| XAUUSD | 4078.3 | 4078.6 | 4134.2 | 4021.59 |
| XAGUSD | 58.192 | 58.517 | 61.188 | 57.063 |