Gold Intra-day Analysis 1st Mar. 2021
Turning Down
Our Pivot: 1763.65
Our Preference: Short Sell Gold below 1755 with strict stop loss of 1763.65 and profit target at 1741 with extension towards 1730.
Alternate Scenario: Upward penetration of 1763.65 will call for 1768 and 1773.
NOTE: Gold is being capped by a strong horizontal resistant region at its 505 correction level.
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 | 6.7358 | 6.74 | 6.7788 | 6.7292 |
| USOil | 93.327 | 93.361 | 93.778 | 92.492 |
| UKOil | 104.469 | 104.509 | 107.055 | 103.084 |
| NGAS | 3.1106 | 3.1226 | 3.2444 | 3.0984 |
| WHEATF | 703.34 | 704.44 | 707.38 | 683.07 |
| XAUUSD | 4260.63 | 4260.93 | 4285.06 | 4257.47 |
| XAGUSD | 63.586 | 63.911 | 64.46 | 63.519 |