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 | 6.6743 | 6.6785 | 6.6989 | 6.5252 |
| USOil | 93.498 | 93.532 | 93.417 | 90.138 |
| UKOil | 95.859 | 95.919 | 96.074 | 92.805 |
| NGAS | 3.1586 | 3.1706 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4488.64 | 4488.94 | 4541.66 | 4463.03 |
| XAGUSD | 74.998 | 75.324 | 77.178 | 74.326 |