Gold (GC) Intra-day Analysis 18th Mar. 2021

Further Advance

Our Pivot: 1738

Our Preference: Buy Gold above 1744 with strict stop loss of 1738 and profit target at 1757 with extension towards 1765. 

Alternate Scenario: Downward penetration of 1738 will call for 1731 and 1727.

NOTE: Gold is moving in a bullish price channel and heading towards expansion of its last correction.

Chart with supports & resistances:

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Technical Levels

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