Gold (GC) Mid-day Analysis 24 May 2019

Further Advance

Our Pivot:1283.20

Our Preference: Buy above 1286.20 with strict stop loss of 1283.20 and target at 1293.20 and 1296.50.

Alternate Scenario: Downward penetration of 1283.20 will call for 1277.70.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.