Further Advance
Our Pivot: 1718
Our Preference: Start buying Gold above 1724.20 with strict stop loss of 1718.00 and profit target at 1736.00 and breakout above 1736 will call for 1744.00.
Alternate Scenario: Downward penetration of 1718.00 will call for 1711 and 1706 with extension towards 1697.
NOTE: GOLD is being supported by a horizontal supportive region at correction level of its previous bullish rally.
Chart with supports & resistances:
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