Gold (GC) Mid-day Analysis 17 Feb 2020

Further Advance

Our Pivot:1577.57

Our Preference: Buy above 1581.51 with strict stop loss of 1577.57 and target at 1589.35 and 1592.35.

Alternate Scenario: Downward penetration of 1577.57 will call for 1572.97.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.