Gold (GC) Intra-day Analysis 05 March 2020

Upside Prevails

Our Pivot:1632.00

Our Preference: Buy above 1636.70 with strict stop loss of 1632.00 and target at 1648.00 and 1653.00.

Alternate Scenario: Downward penetration of 1632.00 will call for 1625.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.