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 | 6.6023 | 6.6065 | 6.6097 | 6.5557 |
| USOil | 100.944 | 101.008 | 101.778 | 100.558 |
| UKOil | 108.244 | 108.304 | 109.871 | 107.73 |
| NGAS | 3.0715 | 3.0835 | 3.1284 | 3.0259 |
| WHEATF | 664.19 | 665.29 | 665.44 | 656.83 |
| XAUUSD | 4171.94 | 4172.24 | 4187.82 | 4163 |
| XAGUSD | 57.264 | 57.579 | 57.67 | 56.715 |