Preferred direction: BUY
Comment: For metals, all our previous targets were hit with a plus, both for gold and silver. If we talk about gold, we are trading near the historical high, which is always a key moment for any instrument. Against this background, it is largely better to refrain from trades and monitor.
Most likely, the metal will try to renew itself to the maximum, but this will most likely require a pause or a preliminary rollback (scenario №1). In case of an unsuccessful breakdown of this maximum, one can count on growth, but closer to the level of 2343.869 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!