Further Advance
Our Pivot: 1740
Our Preference: Buy XAUUSD above 1746.50 with strict stop loss of 1740 and profit target at 1760 with extension towards 1769.
Alternate Scenario: Downward penetration of 1740 will call for 1734 and 1629.
NOTE: XAUUSD is moving in a bullish price channel towards expansion of its recent correction.
Chart with supports & resistances:
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