Gold Intra-day Analysis 11th Feb. 2021

Under Pressure

Our Pivot: 1847

Our Preference: Short sell Gold below 1841.00 with strict stop loss of 1847 and profit target at 1830 with extension towards 1821. 

Alternate Scenario: Upward penetration of 1847 will call for 1851 and 1854.

NOTE: Gold have penetrated below its major supportive trend line.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

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