Preferred direction: BUY Comment: In the coming week, gold is expected to approach the level of 2150, to which all attention was focused a little earlier, and as a result, it was from this support that we recorded another maximum for the metal. However, despite the expected weakening of the US dollar, the metal will, at best, trade near its highs.
We highlight two main scenarios for this week, both aimed in favor of the buyer. As a target, we consider the level of 2200, and a more likely scenario for this growth is shown in the chart called "scenario №1".
Additional comments on this trade will be provided as situation changes. Follow us!