Turning Down
Our Pivot: 1855
Our Preference: Short sell below 1847 with strict stop loss of 1855 and profit target at 1836 with extension towards 1825.
Alternate Scenario: Upward penetration of 1855 will call for 1861 and 1867.
NOTE: Gold is being capped by a strong resistant trend line.
Chart with supports & resistances:
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