Gold Intra-day Analysis 18th Feb. 2021

Under Pressure

Our Pivot: 1789.45

Our Preference: Short sell Gold below 1784 with strict stop loss of 1789.45 and profit target at 1771 with extension towards 1767. 

Alternate Scenario: Upward penetration of 1789.45 will call for 1895 and 1802.

NOTE: Gold is being capped by a resistant trend line.

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
Copper6.73446.7386 6.7788 6.7292
USOil93.33293.366 93.778 92.492
UKOil104.469104.509 107.055 103.084
NGAS3.11063.1226 3.2444 3.0984
WHEATF703.34704.44 707.38 683.07
XAUUSD4260.164260.46 4285.06 4257.47
XAGUSD63.56963.893 64.46 63.519


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