Gold Intra-day Analysis 05 March 2020

Upside Prevails

Our Pivot:1633.52

Our Preference: Buy above 1639.15 with strict stop loss of 1633.52 and target at 1647.51 and 1652.52.

Alternate Scenario: Downward penetration of 1633.52 will call for 1626.35.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.