Further Advance
Our Pivot: 1860
Our Preference: Buy above 1868 with strict stop loss of 1860 and profit target at 1880 with extension towards 1891.
Alternate Scenario: Downward penetration of 1860 will call for 1855 and 1849.
NOTE: Gold is moving a bullish price channel on hourly chart and it's going to target retracement level of its last bearish rally.
Chart with supports & resistances:
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