Gold (GC) Evening Analysis 13 Feb 2020

Further Advance

Our Pivot:1570.40

Our Preference: Buy above 1575.00 with strict stop loss of 1570.40 and target at 1583.30 and 1588.30.

Alternate Scenario: Downward penetration of 1570.40 will call for 1563.42.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.