A swift evaluation is conducted based on a single day without look back. GOLD is currently in a bull trend. Prices are trading in a range of approximately 70.43 points/ticks/pips per trade period. Price strength is suggesting a possible follow on range of 1816.47 - 1903.53. If strength and trend continue, GOLD is trying to reach 1788.89. It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment. Last Price - (ATR * 1.5): 1754.36 The trend moving average: 1836.82
------Additional Comments: Standard Deviation for following week: 1753.03 - 1966.97 Forecasted Range for following week: 1806.09 - 1885.72 (Targeted Mean = 1845.91)