Main Scenario: As long as Gold stays above 1813, the main trend will be upwards. Then the precious metal may up to 1835 price level
Target Expectation: 1835
Considerations Supporting The Scenario:
Gold prices eased on Wednesday as the dollar firmed, with investors looking forward to key U.S. inflation data that could have a bearing on the Federal Reserve’s next policy move.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1813
Alternative Target Expectation: 1782