Gold (GC) Intra-day Analysis 05 Feb 2020

Further Advance

Our Pivot:1553.70

Our Preference: Buy above 1558.50 with strict stop loss of 1553.70 and target at 1565.50 and 1568.50.

Alternate Scenario: Downward penetration of 1553.70 will call for 1547.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.