Under Pressure
Our Pivot: 1895
Our Preference: Short sell below 1891 with strict stop loss of 1895 and profit target at 1883 with extension towards 1881.
Alternate Scenario: Upward penetration of 1895 will call for 1898 and 1902.
NOTE: Gold is being capped by a strong resistant trend line after completion of its bearish correction.
Chart with supports & resistances:
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