Gold Intra-day Analysis 23rd Feb. 2021
Further Advance
Our Pivot: 1802
Our Preference: Buy Gold above 1807 with strict stop loss of 1802 and profit target at 1815 with extension towards 1820.
Alternate Scenario: Downward penetration of 1802 will call for 1795 and 1789.
NOTE: Gold is moving in a bullish price channel and moving upward after completing its correction.
Chart with supports & resistances:
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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 | 4.6488 | 4.653 | 4.7391 | 4.6261 |
| USOil | 63.388 | 63.422 | 63.693 | 62.738 |
| UKOil | 66.275 | 66.335 | 66.626 | 65.694 |
| NGAS | 3.5214 | 3.5334 | 3.63 | 3.4749 |
| WHEATF | 523.44 | 524.54 | 525.31 | 510.33 |
| XAUUSD | 3182.87 | 3183.17 | 3257.28 | 3174.92 |
| XAGUSD | 32.239 | 32.276 | 32.997 | 32.108 |