Gold (GC) Intra-day Analysis 29 May 2020

Further Advance

Our Pivot:1724.48

Our Preference: Buy above 1730.13 with strict stop loss of 1724.48 and target at 1741.00 and 1745.00.

Alternate Scenario: Downward penetration of 1724.48 will call for 1716.51.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.