Gold Mid-day Analysis 27 Dec 2019

Further Advance

Our Pivot:1504.34

Our Preference: Buy above 1508.15 with strict stop loss of 1504.34 and target at 1515.56 and 1519.00.

Alternate Scenario: Downward penetration of 1504.34 will call for 1499.62.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.