Gold (GC) Intra-day Analysis 04 Aug 2020

Further Advance

Our Pivot:1969.89

Our Preference: Buy above 1982.52 with strict stop loss of 1969.89 and target at 2004.98 and 2018.08.

Alternate Scenario: Downward penetration of 1969.89 will call for 1949.77.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.