Under Pressure
Our Pivot: 1739.70
Our Preference: Short sell Gold below 1734 with strict stop loss of 1739.70 and profit target at 1724 with extension towards 1717.
Alternate Scenario: Upward penetration of 1739.70 will call for 1745 and 1751.
NOTE: Gold is trying to penetrate below supportive trend line of its bullish 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 | 6.6743 | 6.6785 | 6.6989 | 6.5252 |
| USOil | 93.434 | 93.468 | 93.417 | 90.138 |
| UKOil | 95.796 | 95.856 | 96.074 | 92.805 |
| NGAS | 3.16 | 3.172 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4489.29 | 4489.59 | 4541.66 | 4463.03 |
| XAGUSD | 75.002 | 75.326 | 77.178 | 74.326 |