The expected target for gold in the coming days has been determined, as well as the expected descending channel
Expected future targets in the downtrend 1901 1895 1883 1880 1878 1870
Return targets: 23700 23180 22788 And if the downward trend of the targets specified on the chart continues
It is a downward trend, which is confirmed by a pullback, and its objectives are stated on the chart in order
After hitting the strong dynamic support area of the daily time frame, an increase to 79.9 is expected
There are 3 expected trends that are clearly stated on the chart
As explained before, the final goal is clear, but the goal now is to sell up to the price of around 20500, which is likely to reach even lower than that.
It will rise to about 23000 after breaking the downward trend and pulling back
It will enter the descending channel, which will continue the downward trend after pulling back and will go down to the target of 132.6-132.9.
After breaking the upward trend, it will decrease and reach the target of 1838 or 1844
After the break of the descending channel and after the pullback, it will reach the target of 78.5
By encountering a strong resistance and forming a doge triangle, there is a high probability of going up, the maximum of which is 23,000
It is inside a descending channel, which is likely to rise when it hits the bottom of the daily descending channel, and this rise is expected up to the target of 22,000 and then 22,500.
The previous analysis still stands and the main target is 1900 in the upward trend
With the break of the dynamic resistance line, the movement zone is between 21400 and 22100
In the ascending channel, the first target is 136.5 and the second target is 136.8
At first, it is an upward trend and after reaching the ceiling of the channel, it falls