Gold (GC) Mid-day Analysis 23 Dec 2019

Further Advance

Our Pivot:1482.50

Our Preference: Buy above 1486.00 with strict stop loss of 1482.50 and target at 1493.56 and 1496.50.

Alternate Scenario: Downward penetration of 1482.50 will call for 1477.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.