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 | 5.104 | 5.1082 | 5.2354 | 5.0409 |
| USOil | 60.498 | 60.532 | 60.732 | 59.622 |
| UKOil | 64.92 | 64.98 | 65.171 | 64.035 |
| NGAS | 3.964 | 3.976 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4013.68 | 4014.08 | 4015.15 | 3915.09 |
| XAGUSD | 48.751 | 48.948 | 48.999 | 47.165 |