Gold (GC) Intra-day Analysis 18 May 2020

Further Advance

Our Pivot:1762.72

Our Preference: Buy above 1768.41 with strict stop loss of 1762.72 and target at 1778.50 and 1783.50.

Alternate Scenario: Downward penetration of 1762.72 will call for 1755.57.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.