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 | 6.3378 | 6.342 | 6.3511 | 6.3285 |
| USOil | 81.722 | 81.756 | 83.296 | 79.087 |
| UKOil | 86.645 | 86.715 | 88.114 | 82.494 |
| NGAS | 2.6916 | 2.7036 | 2.706 | 2.6719 |
| WHEATF | 669.45 | 670.55 | 666.19 | 650.08 |
| XAUUSD | 4023.89 | 4024.19 | 4029.91 | 4013.5 |
| XAGUSD | 57.059 | 57.379 | 57.518 | 56.695 |