The gold short-term uptrend continues. The price has been corrected down to the zone of 1785 – 1766. This is the zone of good buy prices; enter long trades when there is a corresponding signal. The upside target is the high of December 13.
If the high of December 13 is broken through, the price will break out the Target Zone 1816 – 1807. If so, the next upside target will be the Gold Zone 1839 – 1836.
It will be relevant to sell when the trend reverses down after the price breaks out level 1766 downside. In this scenario, the downside target will be the lower Target Zone 1728 – 1719.
XAUUSD trading ideas for today:
Buy according to the pattern in the zone of 1785 – 1766.
TakeProfit: 1824.
StopLoss: according to the pattern rules.
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