Gold Intra-day Analysis 12th Feb. 2021

• 2021-02-12 20:29:55
• 28 Comments
• 71 Views
• commodities
• Maier Noor

Under Pressure

Our Pivot: 1832

Our Preference: Short sell Gold below 1826 with strict stop loss of 1832 and profit target at 1815 with extension towards 1808. 

Alternate Scenario: Upward penetration of 1832 will call for 1836 and 1841.

NOTE: Gold is moving in a bearish price channel after bearish breakout of its ascending trend line.

Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3

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