The expected scenario: The yellow metal witnessed gold rises to reach its highest levels since November 2018, at the levels of 1725 dollars, in light of the general bullish trend in the medium and short term, and it is expected that the gold will witness a corrective wave from Current levels, to retest 1685 levels, which are considered serious areas for repositioning again.

Alternative scenario: In the event that the price breaks to the levels of 1650 dollars, we will witness a negative change in the general trend with more decreases down to 1600 and then the 1540 dollars, although the scenario of decline at the moment, is unlikely .

Expected general trend: Down (corrective)

Expected traffic range: 1680 to 1788