Gold Update"As I mentioned earlier in this scenario in the previous chat, gold seems to be following the pattern perfectly. Now, I'm looking to buy until it reaches the range of 1938-1941. If it breaks out from there, the next target zone will be 1956-1990. The reason I'm considering buying on the 4-hour time frame is that it has failed to break the support zone at 1921-1915, which I mentioned in the previous chart update. Now, I'm feeling bullish, but I must also keep in mind that there is a WH (wormhole) at 1938-1940 which is strong resistance zone . If gold can't break through that zone on the 4-hour time frame, it may fall again and break the support zone."
