Current price: 1913
Key point: 1920
Our preferred direction: short positions below 1920 levels, targeting 1900 as a first target, then 1887 as a second target.
Alternative scenario: stop the loss and change the direction by breaking the 1920 level, targeting 1935 levels
Technical comment
Gold is moving in a downward direction on the four-hour timeframe from last month's top of the Harmonic BAT pattern, and with the breach of the uptrend from last November's bottom, it is expected that the decline will continue to 1900 levels, then 1887 levels
