Gold (GC) Intra-day Analysis 06 Aug 2020

Further Advance

Our Pivot:2042.96

Our Preference: Buy above 2051.48 with strict stop loss of 2042.96 and target at 2066.82 and 2072.61.

Alternate Scenario: Downward penetration of 2042.96 will call for 2026.94.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.