Gold (GC) Mid-day Analysis 31 Dec 2019

Further Advance

Our Pivot:1519.00

Our Preference: Buy above 1524.50 with strict stop loss of 1519.00 and target at 1533.00 and 1537.00.

Alternate Scenario: Downward penetration of 1519.00 will call for 1511.20.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.