Gold Mid-day Analysis 16 Oct 2019

Further Advance

Our Pivot:1474.59

Our Preference: Buy above 1481.32 with strict stop loss of 1474.59 and target at 1494.79 and 1502.60.

Alternate Scenario: Downward penetration of 1474.59 will call for 1464.28.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.