Gold (GC) Intra-day Analysis 06 March 2020

Upside Prevails

Our Pivot:1666.50

Our Preference: Buy above 1673.20 with strict stop loss of 1666.50 and target at 1688.00 and 1697.00.

Alternate Scenario: Downward penetration of 1666.50 will call for 1655.70.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.