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 | 4.9288 | 4.933 | 5.0629 | 4.8779 |
| USOil | 63.279 | 63.313 | 63.993 | 62.494 |
| UKOil | 65.254 | 65.314 | 65.876 | 64.596 |
| NGAS | 3.7195 | 3.7315 | 3.7964 | 3.6159 |
| WHEATF | 546.08 | 547.18 | 549.69 | 540.07 |
| XAUUSD | 3351.89 | 3352.19 | 3403.56 | 3339.35 |
| XAGUSD | 35.649 | 35.684 | 36.088 | 34.417 |