Rebound Insight
Our Pivot: 1830
Our Preference: Buy above 1836 with strict stop loss of 1830 and profit target at 1845 with extension towards 1850.
Alternate Scenario: Downward penetration of 1830 will call for 1824 and 1817.
NOTE: Gold is in correction mode of its last bearish rally after getting support from a strong horizontal supportive region.
Chart with supports & resistances:
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