Gold (GC) Mid-day Analysis 17 Dec 2019

Further Advance

Our Pivot:1477.62

Our Preference: Buy above 1480.52 with strict stop loss of 1477.62 and target at 1487.17 and 1490.51.

Alternate Scenario: Downward penetration of 1477.62 will call for 1474.18.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.