Gold (GC) Intra-day Analysis 28 Jan 2020

Further Advance

Our Pivot:1572.20

Our Preference: Buy above 1577.00 with strict stop loss of 1572.20 and target at 1584.65 and 1588.49.

Alternate Scenario: Downward penetration of 1572.20 will call for 1566.37.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.