Rebound Insight
Our Pivot: 1734.20
Our Preference: Start buying Gold above 1740.20 with strict stop loss of 1734.20 and profit target at 1749 and 1754.
Alternate Scenario: Downward penetration of 1734.20 will call for 1728 and 1720.
NOTE: GOLD is moving back for correction of its bearish rally after getting support from a horizontal supportive region.
Chart with supports & resistances:
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