Gold (GC) Intra-day Analysis 28 Feb 2020

Further Advance

Our Pivot:1631.50

Our Preference: Buy above 1638.00 with strict stop loss of 1631.50 and target at 1648.00 and 1653.00.

Alternate Scenario: Downward penetration of 1631.50 will call for 1623.52.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.