Current price: 1925
Key point: 1915
Our preferred direction: buying positions above 1915 levels, targeting 1965 as a first target, then 1998 as a second target.
Alternative scenario: stop the loss and change the direction by breaking the 1915 level, targeting 1876 levels
Technical comment
Gold is moving in an upward direction on the daily time frame from the low of last November, and the price is settling above the support level of 1915 and above the upper boundary of the ascending price channel, and currently it is retesting it near the support level, so that the price is expected to rise to 1965 levels
