Pivot point: 1800
The expected scenario: entering into short deals at the lowest levels of 1800, targeting the levels of 1770.
Alternative scenario: Entering long positions above the 1800 levels, targeting the 1830 levels.
Comment: The price is trading above the 100-50 moving averages, noting the near death crossover, where the 50 average crossed below the 100 average, taking into account The presence of a liquidity flow indicator near overbought levels, which favors a negative outlook for gold trading in the short term.
