Gold (GC) Intra-day Analysis 27 Aug 2020

Further Advance

Our Pivot:1937.07

Our Preference: Buy above 1946.47 with strict stop loss of 1937.07 and target at 1963.52 and 1972.22.

Alternate Scenario: Downward penetration of 1937.07 will call for 1920.25.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.