Get ready to take profits on GOLD - Take profit around 1740

Last week I advised a Long trade on GOLD that has worked perfectly. Even if Gold is a good long term play, we can expect downside pressure around 1740. There is around this level a weekly pivot, and resistance oblique level and the 161% fibonacci level (extension) of the previous move.
Chart PatternsgoldtargetTechnical IndicatorsTrend Analysis

Penafian