The expected scenario for gold
Currently gold is still trading within a downward channel, but it has two things:
- The first is to buy if the price is able to exceed the level of 1888.722 for the target between 1945.427 and 1965.498, and exceeding this area, we will see the main target at 1994.333
- The second sale if the price is able to break the level of 1852.823 for a first target at 1819.272, and the latter will see 1795.389, then the main target 1764.966
* A break of 1764.966 will open the way to 1726.297
- The first is to buy if the price is able to exceed the level of 1888.722 for the target between 1945.427 and 1965.498, and exceeding this area, we will see the main target at 1994.333
- The second sale if the price is able to break the level of 1852.823 for a first target at 1819.272, and the latter will see 1795.389, then the main target 1764.966
* A break of 1764.966 will open the way to 1726.297
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