Gold (GC) Intra-day Analysis 03 Jan 2020

Further Advance

Our Pivot:1527.90

Our Preference: Buy above 1537.50 with strict stop loss of 1527.90 and target at 1549.50 and 1555.00.

Alternate Scenario: Downward penetration of 1527.90 will call for 1512.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.