Gold Intra-day Analysis 05 March 2020

Upside Prevails

Our Pivot:1631.38

Our Preference: Buy above 1636.20 with strict stop loss of 1631.38 and target at 1647.51 and 1652.52.

Alternate Scenario: Downward penetration of 1631.38 will call for 1624.77.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.