Under Pressure
Our Pivot: 1883
Our Preference: Short sell below 1875 with strict stop loss of 1883 and profit target at 1866 with extension towards 1861 and 1857.
Alternate Scenario: Upward penetration of 1883 will call for 1887 and 1892.
NOTE: Gold is being capped by a strong resistant trend line.
Chart with supports & resistances:
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