Main Scenario: As long as Gold stays above 1905 the main trend will be still upwards. Then the precious metal may up to 1917 price level
Target Expectation: 1917
Considerations Supporting The Scenario:
Gold steadied near a 5-month peak on Tuesday, buoyed by a subdued dollar as focus turned to key U.S. economic data due later this week.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1905
Alternative Target Expectation: 1898