Hello, so as you can see on the chart gold broke a major resistance level and retested it
for that:
Scenario 1:
if we break the 1980 level, our target would be 2005
scenario2:
otherwise we will have to wait for the breakout of the trend + the last swing low then we will wait for a pullback
and our target would be 1940
Cordially .
for that:
Scenario 1:
if we break the 1980 level, our target would be 2005
scenario2:
otherwise we will have to wait for the breakout of the trend + the last swing low then we will wait for a pullback
and our target would be 1940
Cordially .