Gold Evening Analysis 20 March 2018

Downside Prevails

Our Pivot: 1318.00

Our Preference: Short sell below 1312.00 with strict stop loss of 1318.00 and target at 1304.00 and 1300.00.

Alternate Scenario: Upward penetration of 1318.00 will call for 1326.00.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances:.