Under Pressure
Our Pivot: 1891
Our Preference: Short sell Gold below 1885 with strict stop loss of 1891 with profit target at 1877 with extension towards 1872.
Alternate Scenario: Upward penetration of 1891 will call for 1895 and 1901.
NOTE: Gold is being capped by a strong horizontal resistant region.
Chart with supports & resistances:
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