According to the recent movements of gold, which we saw reaching the levels of 2060 and 2070, and it can even reach the level of 2080, we can predict 2 situations for gold.
1- That gold continues its fluctuations in the area above 2050 and creates new areas.
2- That gold comes to the 2050 area and we witness the consolidation of the area on this area and expect to buy, or that it moves below the 2050 area where we react to its own trend and expect to buy.
In any case, we will look for buying in the lower areas, that is, 2050, which is an important area, and we also expect to buy again in the lower areas, which has its own trend line.
Control and manage your trades because the recent movements of gold have been very sharp and volatile and expect something like this in the next week.
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