Gold- What's next?

25 בספט׳ 2020Again, Gold doesn't disappoint me, and after reaching my 1850 target now is correcting as I predicted yesterday.
However, don't be fooled, this is a correction not a resumption to the uptrend (at least at this point I don't have any reason to think so) and the medium-term trend remains down.
From a technical point of view, we now have strong support at 1850, and this correction could continue to 1900-1910 strong resistance zone.
As long as 1850 is intact I prefer to buy dips with 150-200 pips target