Main Scenario: As long as Gold stays above 1888 the main trend will be still upwards. Then the precious metal may up to 1918 price level
Target Expectation: 1918
Considerations Supporting The Scenario:
Gold inched lower on Thursday as the dollar held steady, while investors awaited key U.S. economic readings this week for more clarity on monetary policy.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1888
Alternative Target Expectation: 1878