Gold Intra-day Analysis 23rd Feb. 2021
Further Advance
Our Pivot: 1802
Our Preference: Buy Gold above 1807 with strict stop loss of 1802 and profit target at 1815 with extension towards 1820.
Alternate Scenario: Downward penetration of 1802 will call for 1795 and 1789.
NOTE: Gold is moving in a bullish price channel and moving upward after completing its correction.
Chart with supports & resistances:
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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 | 5.0485 | 5.0527 | 5.0881 | 4.9134 |
| USOil | 65.267 | 65.301 | 65.578 | 64.643 |
| UKOil | 67.93 | 67.99 | 68.344 | 67.349 |
| NGAS | 3.5361 | 3.5481 | 3.6009 | 3.516 |
| WHEATF | 540.71 | 541.81 | 548.43 | 540.59 |
| XAUUSD | 3336.87 | 3337.17 | 3350.5 | 3329.19 |
| XAGUSD | 36.571 | 36.605 | 36.854 | 36.218 |