Main Scenario: As long as Gold stays above 1795, the main trend will be upwards. Then the precious metal may up to 1815 price level
Target Expectation: 1815
Considerations Supporting The Scenario:
Gold eased on Tuesday as the dollar ticked higher, while investors focused on this week’s U.S. Federal Reserve meeting for clues about when the central bank might rein in its easy monetary policies.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1795
Alternative Target Expectation: 1786