Further Advance
Our Pivot: 1774
Our Preference: Buy Gold above 1781.50 with strict stop loss of 1774 and profit target at 1795 with extension towards 1804.
Alternate Scenario: Downward penetration of 1774 will call for 1767 and 1761.
NOTE: Gold have given bullish breakout of its bearish price channel.
Chart with supports & resistances:
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