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 | 6.8001 | 6.8043 | 6.8209 | 6.6997 |
| USOil | 94.037 | 94.071 | 94.736 | 92.108 |
| UKOil | 98.7 | 98.76 | 99.481 | 96.744 |
| NGAS | 2.959 | 2.971 | 2.9986 | 2.9355 |
| WHEATF | 752.82 | 753.92 | 763.44 | 732.09 |
| XAUUSD | 4394.9 | 4395.2 | 4443.19 | 4387.86 |
| XAGUSD | 65.773 | 66.094 | 67.34 | 65.532 |