Gold (GC) Intra-day Analysis 21 Aug 2019

Further Advance

Our Pivot:1493.80

Our Preference: Buy above 1501.50 with strict stop loss of 1493.80 and target at 1516.50 and 1522.75.

Alternate Scenario: Downward penetration of 1493.80 will call for 1483.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.