Gold (GC) Intra-day Analysis 01 June 2020

Further Advance

Our Pivot:1742.89

Our Preference: Buy above 1753.00 with strict stop loss of 1742.89 and target at 1766.00 and 1774.00.

Alternate Scenario: Downward penetration of 1742.89 will call for 1728.70.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.