Preferred direction: BUY
Comment: Metals after the corrective movement are considered for medium-term long. There is no need to talk about the short term yet. The most likely scenario for gold is growth from the level of 2343.869 (scenario №1). To do this, it is necessary to close above the level of 2343.869, thereby forming a false breakout after such an aggressive approach to the specified support level.

Scenario №2 assumes growth after a deeper correction towards the level of 2300. In this area, using a similar format, according to scenario №1, one can expect growth towards the target at the level of 2431.590.

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