Gold on 28.10.2022 Getting ready to open the session on Monday.
1) Gold moves into range and heads to test resistance. 2) The far bar makes a false-break of the low and the high of the previous day. 3) At the same time, Friday closes below the open, but above the open of the previous day, which tells about Friday's uncertainty, but most likely, under the pressure of the buyers, the growth on Monday may continue to 1765.57 4) Gold forms a global reversal pattern and is headed up 5) The important target ahead is the 1830-1860 area, which is a large accumulation of orders, and it is possible that we will see the trend towards this area in the mid-term 6) Positive fundamentals are rumored to be coming, which can only push gold up 7) Up to 1802 is a free zone and the price at breakdown of 1765 will very quickly reach the upper resistance
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