Gold Intra-day Analysis 2nd Feb. 2021
Under Pressure
Our Pivot: 1864
Our Preference: Short sell Gold below 1858.00 with strict stop loss of 1864 and profit target at 1852 with extension towards 1849.
Alternate Scenario: Upward penetration of 1864 will call for 1870 and 1874.
NOTE: Gold is moving in a bullish price channel but coming downward to retest its supportive trend line.
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 | 4.2447 | 4.2489 | 4.2535 | 4.244 |
| USOil | 73.823 | 73.857 | 73.993 | 73.807 |
| UKOil | 77.586 | 77.626 | 78.205 | 76.824 |
| NGAS | 3.094 | 3.106 | 3.1156 | 3.0745 |
| WHEATF | 544.7 | 545.06 | 547.69 | 533.07 |
| XAUUSD | 2762.45 | 2763 | 2765.03 | 2762.05 |
| XAGUSD | 30.409 | 30.449 | 30.461 | 30.371 |