Gold (GC) Intra-day Analysis 20 Feb 2020

Further Advance

Our Pivot:1603.24

Our Preference: Buy above 1609.16 with strict stop loss of 1603.24 and target at 1618.00 and 1623.00.

Alternate Scenario: Downward penetration of 1603.24 will call for 1595.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.