Gold Intra-day Analysis 11th Feb. 2021

Under Pressure

Our Pivot: 1847

Our Preference: Short sell Gold below 1841.00 with strict stop loss of 1847 and profit target at 1830 with extension towards 1821. 

Alternate Scenario: Upward penetration of 1847 will call for 1851 and 1854.

NOTE: Gold have penetrated below its major supportive trend line.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper4.93124.9354 5.0629 4.8779
USOil63.30963.343 63.993 62.494
UKOil65.27565.335 65.876 64.596
NGAS3.72053.7325 3.7964 3.6159
WHEATF546.32547.42 549.69 540.07
XAUUSD3353.493353.79 3403.56 3339.35
XAGUSD35.65135.686 36.088 34.417


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