Gold (GC) Mid-day Analysis 26 Dec 2019

Further Advance

Our Pivot:1502.57

Our Preference: Buy above 1506.88 with strict stop loss of 1502.57 and target at 1514.50 and 1517.50.

Alternate Scenario: Downward penetration of 1502.57 will call for 1496.70.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.