Gold (GC) Mid-day Analysis 23 May 2019

Further Advance

Our Pivot:1270.28

Our Preference: Buy above 1274.23 with strict stop loss of 1270.28 and target at 1281.40 and 1284.80.

Alternate Scenario: Downward penetration of 1270.28 will call for 1264.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.