Gold (GC) Intra-day Analysis 19 Aug 2020

Further Advance

Our Pivot:1987.98

Our Preference: Buy above 1997.58 with strict stop loss of 1987.98 and target at 2022.00 and 2034.60.

Alternate Scenario: Downward penetration of 1987.98 will call for 1973.82.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.