In the previous idea, I indicated that gold would continue to correct to the upper channel line, and it did. A small increase to 1800-1805 is also possible. This leel is resistance. Later on, a return to the decline is more likely, as the medium-term target around 1650-1635 has not been fulfilled.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
Trade closed: target reached:
The first objectives (1680) are achieved!
Trade active:
I wait for accomplishment of the second purpose.
