Gold Intra-day Analysis 11 January 2017

Further Advance

Our Pivot: 1179.00

Our Preference: Buy above 1185.50 with strict stop loss of 1179.00 and target at 1196.50 and 1204.00.

Alternate Scenario: Downward penetration of 1179.00 will call for 1171.00.

NOTE: Supported by a Channel up.

Chart with Supports and Resistances:.