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 | 4.2659 | 4.2701 | 4.2813 | 4.2332 |
| USOil | 73.198 | 73.232 | 73.383 | 73.062 |
| UKOil | 77.144 | 77.204 | 77.301 | 76.939 |
| NGAS | 3.238 | 3.25 | 3.6961 | 3.2184 |
| WHEATF | 536.09 | 537.19 | 537.69 | 533.57 |
| XAUUSD | 2739.51 | 2739.95 | 2745.59 | 2738.23 |
| XAGUSD | 30.064 | 30.1 | 30.294 | 30.034 |