Expected scenario: The yellow metal witnessed a cross wave between the levels of 1588 to 1630 dollars, after the heights recorded during the beginning of last week's transactions, and with the breach of the resistance of 1640, which is the most likely possibility at the present time, especially in Moving averages (100 - 200) have remained trending, in a sign that there are more gains, we will target the levels of 1685 then 1725 dollars.

Alternative scenario: In the event that the price fails to breach the resistance of the 1640, we will witness a return to the cross-trend between the aforementioned levels, which is the least likely possibility at the present time, and the 1600 areas are considered good areas for localization and building centers Short-term purchase.

Expected trend: bullish

Estimated traffic range: 1640 to 1725