Caution
Our Pivot: 1850
Our Preference: Start buying Gold above 1855 with strict stop loss of 1850.00 and profit target at 1863.00 with extension towards 1870.
Alternate Scenario: Downward penetration of 1850.00 will call for 1842 and 1836.
NOTE: GOLD is being supported by a rising trend line.
Chart with supports & resistances:
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