Gold (GC) Mid-day Analysis 20 Dec 2019

Further Advance

Our Pivot:1478.57

Our Preference: Buy above 1480.69 with strict stop loss of 1478.57 and target at 1486.30 and 1489.50.

Alternate Scenario: Downward penetration of 1478.57 will call for 1474.14.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.