Gold Intra-day Analysis 1st Mar. 2021
Turning Down
Our Pivot: 1763.65
Our Preference: Short Sell Gold below 1755 with strict stop loss of 1763.65 and profit target at 1741 with extension towards 1730.
Alternate Scenario: Upward penetration of 1763.65 will call for 1768 and 1773.
NOTE: Gold is being capped by a strong horizontal resistant region at its 505 correction level.
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 | 6.7036 | 6.7078 | 6.7435 | 6.6866 |
| USOil | 86.712 | 86.746 | 87.098 | 86.132 |
| UKOil | 91.321 | 91.381 | 91.611 | 90.694 |
| NGAS | 2.9339 | 2.9459 | 2.9491 | 2.9085 |
| WHEATF | 773.09 | 774.19 | 780.18 | 766.69 |
| XAUUSD | 4432.91 | 4433.21 | 4461.7 | 4424.65 |
| XAGUSD | 66.472 | 66.795 | 67.238 | 65.929 |