#GOLD
monthly high: 1916
monthly low: 1855
expected price movement:
breaking above 1895 " lower top area"
then:
a must see scenario for the uptrend to continue:
1916 breakout to 1930
in this case the bigger target is always 1939 BO to:
1960
bearish scenario is always staying below 1916
then dropping back to:
1880
1870
1860
bigger target:
1855 BO to 1830
monthly low: 1855
expected price movement:
breaking above 1895 " lower top area"
then:
a must see scenario for the uptrend to continue:
1916 breakout to 1930
in this case the bigger target is always 1939 BO to:
1960
bearish scenario is always staying below 1916
then dropping back to:
1880
1870
1860
bigger target:
1855 BO to 1830
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