Under Pressure
Our Pivot: 1881
Our Preference: Short sell Gold below 1875 with strict stop loss of 1881 with profit target at 1858 with extension towards 1852.
Alternate Scenario: Upward penetration of 1881 will call for 1895 and 1891.
NOTE: Gold is being capped by a strong resistant trend line.
Chart with supports & resistances:
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