Caution
Our Pivot: 1804.50
Our Preference: Start Buying XAUUSD above 1809.30 with strict stop loss of 1804.50 and profit target at 1817.60 with extension towards 1821.45.
Alternate Scenario: Downward penetration of 1804.50 will call for 1797 and 1789.
NOTE: Momentum indicators are trying to bounce back on intraday time frames.
Chart with supports & resistances:
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