Gold (Q-17) Intra-day Analysis 26 June 2017

Further Advance

Our Pivot: 1244.0

Our Preference: Buy above 1249.0 with strict stop loss of 1244.0 and target at 1261.0 and 1265.0.

Alternate Scenario: Downward penetration of 1244.0 will call for 1237.0.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances