Gold Mid-day Analysis 15 May 2019

Further Advance

Our Pivot:1290.52

Our Preference: Buy above 1294.92 with strict stop loss of 1290.52 and target at 1301.87 and 1306.43.

Alternate Scenario: Downward penetration of 1290.52 will call for 1285.00.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.