Gold (GC) Mid-day Analysis 27 Dec 2019

Further Advance

Our Pivot:1508.85

Our Preference: Buy above 1512.65 with strict stop loss of 1508.85 and target at 1520.00 and 1523.50.

Alternate Scenario: Downward penetration of 1508.85 will call for 1504.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.