Downside Prevails
Our Pivot: 1776.70
Our Preference: Start short selling Gold below 1768.10 with strict stop loss of 1776.70 and profit target at 1750.60 and 1737.
Alternate Scenario: Upward penetration of 1776.70 will call for 1783 and 1789.
NOTE: GOLD is trying to expand its previous bearish correction.
Chart with supports & resistances:
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