Pivot point: 1800
The expected scenario: Entering short deals at the lowest levels of 1800 dollars, targeting the 1775 and then the 1748 levels.
Alternative scenario: Entering long positions at the highest levels of 1800 dollars, targeting the levels of 1812 and then the 1822.
Commentary: Gold is still maintaining the general bearish trend through the descending price channel, which is trading between its price limits regularly, noting that the price broke the moving averages 50-100, In addition to the occurrence of the death cross, where the average of 50 fell below the average of 100, in a confirmatory sign of more declines in the short term.
