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 | 6.6015 | 6.6057 | 6.6097 | 6.5557 |
| USOil | 100.913 | 100.977 | 101.778 | 100.558 |
| UKOil | 108.221 | 108.281 | 109.871 | 107.73 |
| NGAS | 3.0725 | 3.0845 | 3.1284 | 3.0259 |
| WHEATF | 664.19 | 665.29 | 665.44 | 656.83 |
| XAUUSD | 4171.86 | 4172.16 | 4187.82 | 4163 |
| XAGUSD | 57.251 | 57.569 | 57.67 | 56.715 |