Gold (GC) Intra-day Analysis 17 Aug 2020

Further Advance

Our Pivot:1929.03

Our Preference: Buy above 1944.11 with strict stop loss of 1929.03 and target at 1966.45 and 1983.17.

Alternate Scenario: Downward penetration of 1929.03 will call for 1910.29.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.