Gold (GC) Intra-day Analysis 05 June 2020

Further Advance

Our Pivot:1708.34

Our Preference: Buy above 1713.53 with strict stop loss of 1708.34 and target at 1723.13 and 1728.12.

Alternate Scenario: Downward penetration of 1708.34 will call for 1700.66.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.