Gold: Update/ Predication

Atualizado
Update: "If price breaks and closes below 1940 looking for price to test 1930-1925 levels." And that was corrected Gold closed today @ 1925.28.

Predication: Gold tested both trend line and Key support levels. If price doesnt break trend line or support level Gold will pivot and test 1945-1950 level.

Long Targets:
1936
1945
1950

Longer Term: When Gold closes and locks 1980 Gold will push for All time Highs. The chart is showing a nice reversed Head and Shoulders pattern and 1980 is the neck line.


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Nota
If Gold keeps falling and breaks and closed below support I can see Gold head to the 1875 level or even the 1850 levels.
Chart PatternsTrend Analysis

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