Gold (GC) Mid-day Analysis 04 Dec 2019

Further Advance

Our Pivot:1481.50

Our Preference: Buy above 1486.00 with strict stop loss of 1481.50 and target at 1493.80 and 1497.70.

Alternate Scenario: Downward penetration of 1481.50 will call for 1475.80.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.