Hello Guys.
The long-term goal of gold is to rise to the level of 2000. But due to the engulfing pattern in the daily and monthly timeframes, the expectation of price reductions to the levels of 1914, 1902, and 1880 is not unexpected. However, after the price of 1914, gold has strong support levels. The price of 1924 is also a key level for gold. The daily pivot of 1942.3 is also important
Good Luck
The long-term goal of gold is to rise to the level of 2000. But due to the engulfing pattern in the daily and monthly timeframes, the expectation of price reductions to the levels of 1914, 1902, and 1880 is not unexpected. However, after the price of 1914, gold has strong support levels. The price of 1924 is also a key level for gold. The daily pivot of 1942.3 is also important
Good Luck
Comment:
If the gold could not be fixed above 1955 it will fall.
Comment:
Hi. The two numbers 1950 and 1938 are important. A high stabilization of each will cause the gold to rise or fall.