Gold Intra-day Analysis 19th Feb. 2021
Under Pressure
Our Pivot: 1775.65
Our Preference: Short sell Gold below 1769 with strict stop loss of 1775.65 and profit target at 1754 with extension towards 1749.
Alternate Scenario: Upward penetration of 1775.65 will call for 1781 and 1784.
NOTE: Gold is moving in a bearish price channel after bearish breakout of its rising 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 | 5.0706 | 5.0748 | 5.0881 | 4.9134 |
| USOil | 65.318 | 65.352 | 65.578 | 64.643 |
| UKOil | 67.985 | 68.045 | 68.344 | 67.349 |
| NGAS | 3.5371 | 3.5491 | 3.6009 | 3.516 |
| WHEATF | 541.33 | 542.43 | 548.43 | 540.7 |
| XAUUSD | 3342.18 | 3342.48 | 3350.5 | 3329.19 |
| XAGUSD | 36.636 | 36.673 | 36.854 | 36.218 |