Gold Mid-day Analysis 11 January 2017

Further Advance

Our Pivot: 1183.00

Our Preference: Buy above 1187.70 with strict stop loss of 1183.00 and target at 1196.00 and 1204.00.

Alternate Scenario: Downward penetration of 1183.00 will call for 1179.00.

NOTE: Supported by a Channel up.

Chart with Supports and Resistances:.