Under Pressure
Our Pivot: 1774
Our Preference: Short sell Gold below 1769.50 with strict stop loss of 1774 and profit target at 1763 with extension towards 1757.
Alternate Scenario: Upward penetration of 1774 will call for 1780 and 1784.
NOTE: Gold is moving in a descending price channel.
Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 6.735 | 6.7392 | 6.7788 | 6.7292 |
| USOil | 93.334 | 93.368 | 93.778 | 92.492 |
| UKOil | 104.469 | 104.509 | 107.055 | 103.084 |
| NGAS | 3.1104 | 3.1224 | 3.2444 | 3.0984 |
| WHEATF | 703.34 | 704.44 | 707.38 | 683.07 |
| XAUUSD | 4260.73 | 4261.03 | 4285.06 | 4257.47 |
| XAGUSD | 63.576 | 63.9 | 64.46 | 63.519 |