Under Pressure
Our Pivot: 1739.80
Our Preference: Short sell Gold below 1733.50 with strict stop loss of 1739.80 and profit target at 1726 with extension towards 1721 and 1718.
Alternate Scenario: Upward penetration of 1739.80 will call for 1745 and 1751.
NOTE: Gold have given bearish breakout of its ascending price channel.
Chart with supports & resistances:
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