Gold (GC) Intra-day Analysis 29 Jan 2020

Further Advance

Our Pivot:1563.15

Our Preference: Buy above 1568.50 with strict stop loss of 1563.15 and target at 1577.00 and 1581.10.

Alternate Scenario: Downward penetration of 1563.15 will call for 1555.15.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.