Since my last post it has been 3 weeks for gold to get to 1950-1975 zone and topped out at 1959 then took a plunge to the downside currently at 1865.
See the dotted blue line(extension) on the chart at 1860 support or not that’s the golden question, its also 97pts(100pts+/-) from 1959-1862 in 2 days possible consolidation at this zone 1900-1880-1860.
Break below 1860 then 1840-1825 as next support zone break below 1830 next support zone= 1800-1780.
This analysis is based on daily and weekly timeframe.
1615 to 1959= 334pts, So what price zone becomes support from 1959 for the upside to continue or what price zone does it need to invalidate for the downside to continue?