Gold Intra-day Analysis 29 Jan 2020

Further Advance

Our Pivot:1558.16

Our Preference: Buy above 1563.83 with strict stop loss of 1558.16 and target at 1572.00 and 1576.00.

Alternate Scenario: Downward penetration of 1558.16 will call for 1550.59.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.