Further Advance
Our Pivot: 1766
Our Preference: Buy Gold above 1771.50 with strict stop loss of 1766 and profit target at 1781 with extension towards 1784.
Alternate Scenario: Downward penetration of 1766 will call for 1761 and 1757.
NOTE: Gold is moving upward after bullish breakout of its descending wedge.
Chart with supports & resistances:
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