The expected scenarios for gold movement

❇ ️ Gold

🔸Gold is still moving in an accidental path between the areas of support and resistance shown on the chart that make up the current spin-off channel.

🔸Scenario 1: If the resistance areas are penetrated and an hour candle is closed with momentum above, it is expected to ascend to the exhibition areas shown on the chart.

🔸Scenario 2: If the support areas are broken and closed below and below the Moving 200 with an hour candle, the landing is expected to reach near the areas of demand shown on the chart,