Gold (GC) Intra-day Analysis 12 June 2020

Further Advance

Our Pivot:1722.90

Our Preference: Buy above 1729.16 with strict stop loss of 1722.90 and target at 1740.13 and 1745.09.

Alternate Scenario: Downward penetration of 1722.90 will call for 1714.02.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.