Gold (GC) Intra-day Analysis 02 Jan 2020

Further Advance

Our Pivot:1516.56

Our Preference: Buy above 1520.70 with strict stop loss of 1516.56 and target at 1528.00 and 1532.00.

Alternate Scenario: Downward penetration of 1516.56 will call for 1510.46.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.