Current price: 1864
Key point: 1867
Our preferred direction: buying positions above 1867 levels, targeting 1925 as a first target, then 1960 as a second target
Alternative scenario: stop the loss and change the direction by breaking 1867, targeting 1825
Technical comment
Gold fell on the daily time frame of the support levels 1885-1867, after its rebound from the resistance level 1960 to reach the ascending trend line from the bottom of last November, so that if bullish price behavior formed from these levels, the price would bounce back from these levels, but if it breached and closed below the support levels The drop will continue to 1830 levels
