Gold Intra-day Analysis 3rd Feb. 2021
Under Pressure
Our Pivot: 1851
Our Preference: Short sell Gold below 1842.00 with strict stop loss of 1851 and profit target at 1830 with extension towards 1823.
Alternate Scenario: Upward penetration of 1851 will call for 1857 and 1864.
NOTE: Gold have given bearish breakout of its bullish price channel on hourly chart.
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 | 5.105 | 5.1092 | 5.2354 | 5.0409 |
| USOil | 60.558 | 60.592 | 60.732 | 59.622 |
| UKOil | 64.966 | 65.026 | 65.171 | 64.035 |
| NGAS | 3.9484 | 3.9604 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4008.6 | 4009 | 4015.15 | 3915.09 |
| XAGUSD | 48.697 | 48.892 | 48.999 | 47.165 |