Gold (GC) Mid-day Analysis 01 April 2019

Under Pressure

Our Pivot: 1304.00

Our Preference: Short sell below 1297.00 with strict stop loss of 1304.00 and target at 1286.50 and 1281.10.

Alternate Scenario: Upward penetration of 1304.00 will call for 1312.50.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances