Current price: 1832

Key point: 1806

Our preferred direction: buying positions above 1806 levels, targeting 1867 as a first target, then 1885 as a second target

Alternative scenario: stop the loss and change the direction by breaking 1806, targeting 1790

Technical comment
Gold reached the support levels 1790-1806 and rose from it and from the harmonic bat pattern with a rate of 88% Fibonacci retracement, so that the price is expected to rise to the levels of 1867-1885