Gold (GC) Mid-day Analysis 21 Feb 2020

Further Advance

Our Pivot:1624.50

Our Preference: Buy above 1630.50 with strict stop loss of 1624.50 and target at 1642.50 and 1647.50.

Alternate Scenario: Downward penetration of 1624.50 will call for 1615.30.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.