Main Scenario: As long as Gold stays above 1794, the main trend will be upwards. Then the precious metal may up to 1829 price level
Target Expectation: 1833
Considerations Supporting The Scenario:
Gold prices were flat on Wednesday as investors awaited a key U.S. jobs report for clues on when the Federal Reserve might start reducing its pandemic-era stimulus measures.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1794
Alternative Target Expectation: 1764