Strifor || XAUUSD-04/12/2023
Preferred direction: BUY
Comment: This week began with the fixation of a new maximum for gold, and all previous ideas regarding metals fully worked out in positive territory.
Now for gold, priority is given to the buyer and further. The most likely scenario now is long long from the 2040 level area, the growth goal is to test a new historical high.
The second scenario is less likely, but the direction here is also towards the buyer. Here the buy level is located at 1981.683. In this case, a fairly deep correction will occur, but nevertheless, the probability of growth will remain just as high.
Thank you for like and share your views!
Comment: This week began with the fixation of a new maximum for gold, and all previous ideas regarding metals fully worked out in positive territory.
Now for gold, priority is given to the buyer and further. The most likely scenario now is long long from the 2040 level area, the growth goal is to test a new historical high.
The second scenario is less likely, but the direction here is also towards the buyer. Here the buy level is located at 1981.683. In this case, a fairly deep correction will occur, but nevertheless, the probability of growth will remain just as high.
Thank you for like and share your views!
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