Gold Intra-day Analysis 1st Mar. 2021
Turning Down
Our Pivot: 1763.65
Our Preference: Short Sell Gold below 1755 with strict stop loss of 1763.65 and profit target at 1741 with extension towards 1730.
Alternate Scenario: Upward penetration of 1763.65 will call for 1768 and 1773.
NOTE: Gold is being capped by a strong horizontal resistant region at its 505 correction level.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
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 | 4.6458 | 4.65 | 4.7391 | 4.6261 |
| USOil | 63.397 | 63.431 | 63.693 | 62.738 |
| UKOil | 66.295 | 66.355 | 66.626 | 65.694 |
| NGAS | 3.4979 | 3.5099 | 3.63 | 3.4749 |
| WHEATF | 522.95 | 524.05 | 525.31 | 510.33 |
| XAUUSD | 3184.55 | 3184.85 | 3257.28 | 3173.81 |
| XAGUSD | 32.225 | 32.263 | 32.997 | 32.108 |