Gold (GC) Evening Analysis 23 Jan 2020

Further Advance

Our Pivot:1547.81

Our Preference: Buy above 1551.90 with strict stop loss of 1547.81 and target at 1560.87 and 1567.00.

Alternate Scenario: Downward penetration of 1547.81 will call for 1540.59.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.