Gold (GC) Intra-day Analysis 18 Aug 2020

Further Advance

Our Pivot:1986.50

Our Preference: Buy above 1994.00 with strict stop loss of 1986.50 and target at 2015.00 and 2022.00.

Alternate Scenario: Downward penetration of 1986.50 will call for 1971.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.