Hello Traders, please check out my previous ideas.
In my opinion, everything you need to know at this stage of the gold price movement is in the chart.
If the price breaks above the red zone or stabilizes above the 1950, the bearish scenario probably will not occur.
Targets are shown on the chart (1935 is my risk-free target).
Additional downside scenario targets are available in previous gold analysis.
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註釋
The price reached the trend line before touching the $1949 level. Pay attention to price reactions to the Bollinger midline.✍🐱👤 The price is now close to an important support. If the price crosses the mentioned support, the next level is $19,220, then 1917.5, and then 1914.58.💥💥