Gold Mid-day Analysis 08 May 2019

Further Advance

Our Pivot:1281.33

Our Preference: Buy above 1284.13 with strict stop loss of 1281.33 and target at 1288.53 and 1290.53.

Alternate Scenario: Downward penetration of 1281.33 will call for 1277.60.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.