Gold Mid-day Analysis 01 April 2019

Under Pressure

Our Pivot: 1299.54

Our Preference: Short sell below 1292.41 with strict stop loss of 1299.54 and target at 1282.01 and 1277.40.

Alternate Scenario: Upward penetration of 1299.54 will call for 1308.08.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances