Gold Mid-day Analysis 31 Dec 2019

Further Advance

Our Pivot:1516.00

Our Preference: Buy above 1521.50 with strict stop loss of 1516.00 and target at 1530.00 and 1533.00.

Alternate Scenario: Downward penetration of 1516.00 will call for 1508.11.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.