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 | 6.706 | 6.7102 | 6.7435 | 6.6866 |
| USOil | 86.658 | 86.692 | 87.098 | 86.132 |
| UKOil | 91.269 | 91.329 | 91.611 | 90.694 |
| NGAS | 2.9305 | 2.9425 | 2.9491 | 2.9085 |
| WHEATF | 772.57 | 773.67 | 780.18 | 766.69 |
| XAUUSD | 4433.33 | 4433.63 | 4461.7 | 4424.65 |
| XAGUSD | 66.477 | 66.799 | 67.238 | 65.929 |