[Sell Limit] Gold is Bearish - We look to Sell at 1746.70
▪️ Trading within a Corrective Channel formation. ▪️ We have a 78.6% Fibonacci pullback level of 1746.28 from 1754.16 to 1717.35. ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1746.70, resulting in improved risk/reward. ▪️ Expect trading to remain mixed and volatile.