Gold (GC) Mid-day Analysis 19 Feb 2020

Further Advance

Our Pivot:1602.30

Our Preference: Buy above 1607.02 with strict stop loss of 1602.30 and target at 1614.00 and 1618.00.

Alternate Scenario: Downward penetration of 1602.30 will call for 1596.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.