Gold Intra-day Analysis 12 January 2017

Further Advance

Our Pivot: 1188.00

Our Preference: Buy above 1194.10 with strict stop loss of 1188.00 and target at 1203.00 and 1208.00.

Alternate Scenario: Downward penetration of 1188.00 will call for 1182.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances:.