Gold (GC) Intra-day Analysis 23 Jan 2020

Further Advance

Our Pivot:1550.00

Our Preference: Buy above 1555.00 with strict stop loss of 1550.00 and target at 1563.50 and 1567.00.

Alternate Scenario: Downward penetration of 1550.00 will call for 1544.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.