Gold is in the important flag pattern. According to this important pattern, which in most cases has led to the ascent, the description of the analysis is:
The defeat of 1818 and the 1-hour stabilization will lead to the rise to 1824-1826.
On the other hand, the defeat of 1810 will lead to a correction to 1807.
1807 is an important support and can be bought to the limit of 1797.
But there is a point; If 1807 is seen for the first time in correction, it is a safe buy (if it’s risk free to the limit of 1802) and the final target will be 1826, but if it fluctuates 1 hour below this number (1807), the market will temporarily stop the uptrend. So:
For 1807 with the first sight, buying and risk free plan is recommended.
* Note: The main loss limit of the buyer is 1797.
Note: A stabilization above 1818 will lead to a rise to 1826.
So according to the chart in the early market today, the range of fluctuations is from 1810 to 1818 and passing through this area will determine the action.
The defeat of 1818 and the 1-hour stabilization will lead to the rise to 1824-1826.
On the other hand, the defeat of 1810 will lead to a correction to 1807.
1807 is an important support and can be bought to the limit of 1797.
But there is a point; If 1807 is seen for the first time in correction, it is a safe buy (if it’s risk free to the limit of 1802) and the final target will be 1826, but if it fluctuates 1 hour below this number (1807), the market will temporarily stop the uptrend. So:
For 1807 with the first sight, buying and risk free plan is recommended.
* Note: The main loss limit of the buyer is 1797.
Note: A stabilization above 1818 will lead to a rise to 1826.
So according to the chart in the early market today, the range of fluctuations is from 1810 to 1818 and passing through this area will determine the action.
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