Considering the one-day stagnation in the price of gold after an upward week, the possibility of a deeper price correction seems likely.
If the one-hour candle does not close above the level of 2038-2041 dollars, I consider it probable that the decrease will continue to the specified ranges.
If the price makes an hourly close above 2041, growth to the level of 2055-2056 dollars should be considered.
If the one-hour candle does not close above the level of 2038-2041 dollars, I consider it probable that the decrease will continue to the specified ranges.
If the price makes an hourly close above 2041, growth to the level of 2055-2056 dollars should be considered.
Comment:
Change to bearish scenario