Gold Intra-day Analysis 2nd Mar. 2021

Rebound Insight

Our Pivot: 1707

Our Preference: Buy Gold above 1714 with strict stop loss of 1707 and profit target at 1725 with extension towards 1730.

Alternate Scenario: Downward penetration of 1707 will call for 1701 and 1693.

NOTE: Hourly momentum indicators are in pull back mode.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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