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 | 6.6646 | 6.6688 | 6.6989 | 6.5252 |
| USOil | 93.453 | 93.487 | 93.417 | 90.138 |
| UKOil | 95.881 | 95.941 | 96.074 | 92.805 |
| NGAS | 3.1576 | 3.1696 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4487.14 | 4487.44 | 4541.66 | 4463.03 |
| XAGUSD | 74.952 | 75.279 | 77.178 | 74.326 |