Gold: long positions above 1800 with 1819 & 1827 targets
The break above 1800.00 is a positive signal that has opened a path to 1819.00.
Our preference: Long positions above 1800.00 with targets at 1819.00 & 1827.00 in extension.
Alternative scenario: Below 1800.00 look for further downside with 1793.00 & 1788.00 as targets.
Our preference: Long positions above 1800.00 with targets at 1819.00 & 1827.00 in extension.
Alternative scenario: Below 1800.00 look for further downside with 1793.00 & 1788.00 as targets.