Gold: A-B-C structure is pointing to 1181$

TVC:GOLD   CFDs on Gold (US$ / OZ)
The key support is placed at $1191, followed by $1190 and $1187.00. The corrective A-B-C structure is pointing to 1181$ nearly coincides with the 61.8% fib reaction.
Resistance seems to be at 1196.50$.
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