Gold (Z-17) Intra-day Analysis 16 Oct 2017

Further Advance

Our Pivot:1297.5

Our Preference: Buy above 1302.1  with strict stop loss of 1297.5 and target at 1309.4 and 1315.2.

Alternate Scenario: Downward penetration of 1297.5 will call for 1292.1.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances