Gold next week
In the previous week, the price crossed our target of 1900, and fell to the important support of 1885. As long as the price is involved in the support zone (1902-1885), a definite decision regarding the future cannot be made.
The support of 1880 can be the appropriate point for the price to return. Although the price chart has lost important supports, but for the price of gold to rise, it must break the trend line A and B strongly, so in the coming week, traders should carefully consider the price movement. so that they are not harmed.
The long-term price target on the downside could be 1825, but a short-term correction is not out of the question.
The support of 1880 can be the appropriate point for the price to return. Although the price chart has lost important supports, but for the price of gold to rise, it must break the trend line A and B strongly, so in the coming week, traders should carefully consider the price movement. so that they are not harmed.
The long-term price target on the downside could be 1825, but a short-term correction is not out of the question.
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