Gold Intra-day Analysis 23rd Feb. 2021
Further Advance
Our Pivot: 1802
Our Preference: Buy Gold above 1807 with strict stop loss of 1802 and profit target at 1815 with extension towards 1820.
Alternate Scenario: Downward penetration of 1802 will call for 1795 and 1789.
NOTE: Gold is moving in a bullish price channel and moving upward after completing its correction.
Chart with supports & resistances:
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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 | 5.7728 | 5.777 | 5.7874 | 5.7708 |
| USOil | 65.148 | 65.182 | 65.436 | 64.924 |
| UKOil | 70.206 | 70.246 | 70.255 | 67.344 |
| NGAS | 3.0561 | 3.0681 | 3.07 | 3.0135 |
| WHEATF | 553.58 | 553.94 | 553.17 | 541.13 |
| XAUUSD | 4966.56 | 4967.46 | 4989.18 | 4960.53 |
| XAGUSD | 76.699 | 77.058 | 77.895 | 76.628 |