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 | 6.6548 | 6.659 | 6.6639 | 6.6519 |
| USOil | 89.827 | 89.861 | 89.958 | 89.612 |
| UKOil | 101.12 | 101.16 | 101.356 | 97.054 |
| NGAS | 3.1136 | 3.1256 | 3.1296 | 3.1084 |
| WHEATF | 703.69 | 704.79 | 701.44 | 688.44 |
| XAUUSD | 4165.14 | 4165.44 | 4168.29 | 4161.52 |
| XAGUSD | 61.173 | 61.497 | 61.628 | 61.11 |