Gold (XAUUSD) Intra-day Analysis 22nd Mar. 2021
Under Pressure
Our Pivot: 1739.70
Our Preference: Short sell Gold below 1734.50 with strict stop loss of 1739.70 and profit target at 1725 with extension towards 1721.
Alternate Scenario: Upward penetration of 1739.70 will call for 1745 and 1751.
NOTE: XAUUSD is trying to penetrate below supportive trend line of its bullish price channel.
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 | 6.3336 | 6.3378 | 6.3583 | 6.3279 |
| USOil | 89.118 | 89.152 | 89.918 | 88.643 |
| UKOil | 91.815 | 91.855 | 94.466 | 89.564 |
| NGAS | 3.1294 | 3.1414 | 3.1466 | 3.128 |
| WHEATF | 584.59 | 585.69 | 595.31 | 581.2 |
| XAUUSD | 4238.26 | 4239.16 | 4261.22 | 4232.34 |
| XAGUSD | 64.827 | 65.17 | 65.569 | 64.649 |