Gold Intra-day Analysis 19th Feb. 2021

Under Pressure

Our Pivot: 1775.65

Our Preference: Short sell Gold below 1769 with strict stop loss of 1775.65 and profit target at 1754 with extension towards 1749. 

Alternate Scenario: Upward penetration of 1775.65 will call for 1781 and 1784.

NOTE: Gold is moving in a bearish price channel after bearish breakout of its rising wedge.

Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Share Post:

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
XAUUSD3353.673353.97 3403.56 3339.35
XAGUSD35.65235.688 36.088 34.417


Explore