Gold (GC) Intra-day Analysis 17 July 2020

Further Advance

Our Pivot:1793.77

Our Preference: Buy above 1796.90 with strict stop loss of 1793.77 and target at 1803.56 and 1806.50.

Alternate Scenario: Downward penetration of 1793.77 will call for 1789.17.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.