In previous reviews, we considered $1722 as the first downside target in our priority scenario, the price of GOLD fell to $1726, which can be considered the first step towards the second target of $1600. The probable zone from which downward movement can begin is $1755-1765. If the rise above $1780 continues, the wave structure will change and we’ll reconsider our view for GOLD
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.