GOLD 23.03.2022
Overview:
The pair is trading in a downtrend
Expected scenario:
Gold recently reached a strong support level around 1915, which enhances the chances of rising around this level to 1930 - 1950 provided that trading continues above 1915
Alternative scenario:
On the other hand, we see that if the level of 1915 is broken by at least a weekly candle, it may push this pair down to 1870.
Resistance levels
1930.00
195.00
19700.00
Support levels
1915.00
1900.00
.1870.00
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