Gold (GC) Mid-day Analysis 23 Aug 2019

Further Advance

Our Pivot:1490.50

Our Preference: Buy above 1496.13 with strict stop loss of 1490.50 and target at 1507.00 and 1512.60.

Alternate Scenario: Downward penetration of 1490.50 will call for 1482.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.