Current price: 1961
Key point: 1940
Our preferred direction: buying positions above 1940 levels, targeting 1972 as a first target, then 1980 as a second target.
Alternative scenario: stop the loss and change the direction by breaking the 1940 level, targeting 1900 levels
Technical comment
Gold breached the falling wedge on the daily timeframe, rising from the ascending trend line from the bottom of last November, and from the harmonic SHARK model, so that it is expected to complete the ascent to 1972 levels, then 1980 levels
