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 | 6.5404 | 6.5446 | 6.6197 | 6.5111 |
| USOil | 85.629 | 85.663 | 85.721 | 84.602 |
| UKOil | 91.42 | 91.48 | 91.865 | 90.591 |
| NGAS | 2.7205 | 2.7325 | 2.7335 | 2.6864 |
| WHEATF | 690.33 | 691.43 | 696.56 | 674.83 |
| XAUUSD | 4389.02 | 4389.32 | 4436.39 | 4386.05 |
| XAGUSD | 64.706 | 65.026 | 66.725 | 64.594 |