Gold Intra-day Analysis 2nd Feb. 2021
Under Pressure
Our Pivot: 1864
Our Preference: Short sell Gold below 1858.00 with strict stop loss of 1864 and profit target at 1852 with extension towards 1849.
Alternate Scenario: Upward penetration of 1864 will call for 1870 and 1874.
NOTE: Gold is moving in a bullish price channel but coming downward to retest its supportive trend line.
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 | 4.9291 | 4.9333 | 5.0629 | 4.8779 |
| USOil | 63.323 | 63.357 | 63.993 | 62.494 |
| UKOil | 65.285 | 65.345 | 65.876 | 64.596 |
| NGAS | 3.726 | 3.738 | 3.7964 | 3.6159 |
| WHEATF | 545.95 | 547.05 | 549.69 | 540.07 |
| XAUUSD | 3351.81 | 3352.11 | 3403.56 | 3339.35 |
| XAGUSD | 35.617 | 35.652 | 36.088 | 34.417 |