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 | 6.3338 | 6.338 | 6.3583 | 6.3279 |
| USOil | 88.977 | 89.011 | 89.918 | 88.643 |
| UKOil | 91.815 | 91.855 | 94.466 | 89.564 |
| NGAS | 3.1296 | 3.1416 | 3.1466 | 3.128 |
| WHEATF | 584.59 | 585.69 | 595.31 | 581.2 |
| XAUUSD | 4237.85 | 4238.15 | 4261.22 | 4232.34 |
| XAGUSD | 64.789 | 65.133 | 65.569 | 64.649 |