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 | 5.0697 | 5.0739 | 5.0881 | 4.9134 |
| USOil | 65.313 | 65.347 | 65.578 | 64.643 |
| UKOil | 67.991 | 68.051 | 68.344 | 67.349 |
| NGAS | 3.5521 | 3.5641 | 3.6009 | 3.516 |
| WHEATF | 541.32 | 542.42 | 548.43 | 540.7 |
| XAUUSD | 3341.41 | 3341.71 | 3350.5 | 3329.19 |
| XAGUSD | 36.653 | 36.687 | 36.854 | 36.218 |