2k level retest is likely at this point
In monthly time frame we can see that gold often reacted to MA20 and this can add strength value to the MA20 in monthly TF. Now we can see some signs of reactions to this level because in weekly time frame gold hasn't yet made a lower level below 1.65k.
In conclusion I guess we can expect some bullish candles aiming for 2k level from now on. After that we should see if it breaks the 2k level or not then decide to be long or short.
In conclusion I guess we can expect some bullish candles aiming for 2k level from now on. After that we should see if it breaks the 2k level or not then decide to be long or short.
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