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 | 4.5803 | 4.5845 | 4.5955 | 4.5346 |
| USOil | 63.938 | 63.972 | 64.568 | 63.869 |
| UKOil | 67.385 | 67.445 | 68.301 | 67.274 |
| NGAS | 3.0059 | 3.0179 | 3.0215 | 2.9155 |
| WHEATF | 533.09 | 534.19 | 535.06 | 526.57 |
| XAUUSD | 3444.3 | 3444.6 | 3450.39 | 3404.17 |
| XAGUSD | 39.701 | 39.744 | 39.986 | 38.713 |