Main Scenario: As long as Gold stays above 1872 the main trend will be still upwards. Then the precious metal may up to 1908 price level
Target Expectation: 1908
Considerations Supporting The Scenario:
Gold prices slipped on Friday, hurt by a strengthening dollar as some investors bet that recent spikes in U.S. consumer prices are temporary.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1872
Alternative Target Expectation: 1859