Gold Evening Analysis 16 July 2019

Further Advance

Our Pivot:1406.72

Our Preference: Buy above 1411.39 with strict stop loss of 1406.72 and target at 1419.57 and 1424.05.

Alternate Scenario: Downward penetration of 1406.72 will call for 1400.01.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.