Gold (GC) Intra-day Analysis 07 April 2020

Further Advance

Our Pivot:1696.16

Our Preference: Buy above 1706.93 with strict stop loss of 1696.16 and target at 1730.61 and 1741.37.

Alternate Scenario: Downward penetration of 1696.16 will call for 1671.94.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.