Current price: 1989
Key point: 2010
Our preferred direction: short positions below 2010 levels, targeting 1950 as a first target, then 1935 as a second target.
Alternative scenario: stop loss and change direction by breaking the 2010 level, targeting 2032 levels
Technical comment
Gold fell from the resistance levels of the past weeks from 2032-2046 and is currently a symmetrical triangle and the formation of wave E of the triangle so that it is expected to complete the decline to 1950 levels, then 1935 levels
