Gold Intra-day Analysis 06 March 2020

Upside Prevails

Our Pivot:1666.04

Our Preference: Buy above 1672.83 with strict stop loss of 1666.04 and target at 1687.41 and 1696.23.

Alternate Scenario: Downward penetration of 1666.04 will call for 1655.19.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.