Current price: 1943
Key point: 1960
Our preferred direction: buying positions above 1960 levels, targeting 1980 as a first target, then 2000 as a second target.
Alternative scenario: stop the loss and change the direction by breaking the 1960 level, targeting 1920 levels
Technical comment
Gold prices are still stable at support levels on the daily time frame 1934-1952, with an ascending trend line from the bottom of last November and the top of the 100-day moving average, so that the price is expected to rise again to the levels of 1985 and then the levels of 2000