Gold Intra-day Analysis 20 Feb 2020

Further Advance

Our Pivot:1600.13

Our Preference: Buy above 1606.31 with strict stop loss of 1600.13 and target at 1615.00 and 1619.64.

Alternate Scenario: Downward penetration of 1600.13 will call for 1591.56.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.