Gold (Q-17) Mid-day Analysis 30 June 2017

Further Advance

Our Pivot: 1236.0

Our Preference: Buy above 1242.0 with strict stop loss of 1236.0 and target at 1253.0 and 1258.0.

Alternate Scenario: Downward penetration of 1236.0 will call for 1230.0.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances