Hellena | GOLD (4H): Long to resistanse (1987).

Jul 23, 2023

Dear colleagues, next week I am only considering long positions, at least until the level of 1987. A deeper correction to the 50% Fibonacci level around 1947 is possible.

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Jul 25, 2023

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I assume that a deeper correction to the area of 50-61.8% Fibonacci (1940) is possible. I am only considering long positions.

Jul 27, 2023

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The price has almost reached the target. I believe that there may be a minor corrective movement, followed by a move towards 1987.817.

Jul 30, 2023

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Dear colleagues, I anticipate that the scenario will be successful in the upcoming week and the price will reach the target of 1987.870.

Aug 1, 2023

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I assume that the correction may go down to 1960, after which I expect growth.