ðGOLD 08/22/2022: logical correctionâïļ
ðPriority direction: Up.
ðDescription: The metal continues to be under selling pressure since the end of last week and an approach to the $1736 level is very likely now. The price area around this level acts as a support, thus, it is logical to expect some kind of stop in sales and some kind of upward correction. The mark at the level of $1752 is still considered as the maximum value for correction. In the best scenario, the price will correct to $1770.
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ðDescription: The metal continues to be under selling pressure since the end of last week and an approach to the $1736 level is very likely now. The price area around this level acts as a support, thus, it is logical to expect some kind of stop in sales and some kind of upward correction. The mark at the level of $1752 is still considered as the maximum value for correction. In the best scenario, the price will correct to $1770.
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Thank you for your support, subscribe and share your ideas hereð
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