Gold Intra-day Analysis 2nd Mar. 2021

Rebound Insight

Our Pivot: 1707

Our Preference: Buy Gold above 1714 with strict stop loss of 1707 and profit target at 1725 with extension towards 1730. 

Alternate Scenario: Downward penetration of 1707 will call for 1701 and 1693.

NOTE: Hourly momentum indicators are in pull back mode.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper4.92954.9337 5.0629 4.8779
USOil63.25763.291 63.993 62.494
UKOil65.23465.294 65.876 64.596
NGAS3.71663.7286 3.7964 3.6159
WHEATF545.7546.8 549.69 540.07
XAUUSD3351.543351.84 3403.56 3339.35
XAGUSD35.63935.673 36.088 34.417


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