Gold (GC) Intra-day Analysis 08 May 2020

Further Advance

Our Pivot:1713.00

Our Preference: Buy above 1720.00 with strict stop loss of 1713.00 and target at 1735.00 and 1740.00.

Alternate Scenario: Downward penetration of 1713.00 will call for 1702.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.