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Gold 16.4.2024
General trend: down.
Expected scenario:
The pair is trading below 2380, which may push the pair to fall to 2350. It is important to continue trading below $2380 for the negative scenario to continue.
Alternative scenario:
On the other hand, the pair may continue its strong rise if it breaks $2380, targeting 2400-2410.
The most important levels
resistance:
2380 - 2410
support:
2350 - 2329
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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