Gold (GC) Mid-day Analysis 30 Jan 2020

Further Advance

Our Pivot:1577.50

Our Preference: Buy above 1582.40 with strict stop loss of 1577.50 and target at 1591.60 and 1595.00.

Alternate Scenario: Downward penetration of 1577.50 will call for 1571.50.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.