After the analysis succeeded in reaching the peak of $2222 per ounce, gold begins its downward journey
But as he is known for, he does not fall easily without hitting the beginners' positions, so there will be possibilities for gold this week.
1- Based on the speed of the rise and fall, the re-correction will occur until the 1980s at least
2- Breaking the bottom at 2147, which is very likely, gold will be bearish, and it is possible to enter upon retest, targeting at least 2088.
3- If gold witnessed a rapid upward movement in large quantities, entering from the 2205 areas would be fraught with a little risk, meaning the stop loss would be at the top.
4- If the historical peak is broken, wait for a retest and then enter as buy
But as he is known for, he does not fall easily without hitting the beginners' positions, so there will be possibilities for gold this week.
1- Based on the speed of the rise and fall, the re-correction will occur until the 1980s at least
2- Breaking the bottom at 2147, which is very likely, gold will be bearish, and it is possible to enter upon retest, targeting at least 2088.
3- If gold witnessed a rapid upward movement in large quantities, entering from the 2205 areas would be fraught with a little risk, meaning the stop loss would be at the top.
4- If the historical peak is broken, wait for a retest and then enter as buy