Gold (GC) Intra-day Analysis 13 Jan 2020

Further Advance

Our Pivot:1548.72

Our Preference: Buy above 1554.53 with strict stop loss of 1548.72 and target at 1564.35 and 1568.80.

Alternate Scenario: Downward penetration of 1548.72 will call for 1540.69.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.