Gold (GC) Intra-day Analysis 07 May 2019

Further Advance

Our Pivot:1279.27

Our Preference: Buy above 1282.76 with strict stop loss of 1279.27 and target at 1287.66 and 1290.19.

Alternate Scenario: Downward penetration of 1279.27 will call for 1274.60.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.