Pivot point: 1780 .
The expected scenario: entering into buying deals at the lowest levels of 1780, targeting the levels of 1815.
Alternative scenario: entering short deals at the lowest levels of 1780, targeting the levels of 1750 and then 1720.
Commentary: Gold is still maintaining the general upward trend, through an ascending price channel, with a tendency to the side trend during the current week's trading, in an aggregate stage in preparation for completing the ascent. Targeting the aforementioned levels above at $1815, especially in light of the price consolidation above the 50-100 moving averages, in addition to a positive deviation in the liquidity flow index, which supports the positive outlook for gold trading in the short term.
