Gold Intra-day Analysis 4th Mar. 2021
Downside Prevails
Our Pivot: 1726
Our Preference: Short sell Gold below 1718.50 with strict stop loss of 1726 and profit target at 1700 with extension towards 1692.
Alternate Scenario: Upward penetration of 1726 will call for 1745 and 1754.
NOTE: Gold is being capped by resistant trend line of its descending wedge.
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 | 4.9286 | 4.9328 | 5.0629 | 4.8779 |
| USOil | 63.284 | 63.318 | 63.993 | 62.494 |
| UKOil | 65.254 | 65.314 | 65.876 | 64.596 |
| NGAS | 3.7185 | 3.7305 | 3.7964 | 3.6159 |
| WHEATF | 545.95 | 547.05 | 549.69 | 540.07 |
| XAUUSD | 3352.66 | 3352.96 | 3403.56 | 3339.35 |
| XAGUSD | 35.642 | 35.678 | 36.088 | 34.417 |