#SoftStaking_
Update on gold now $3264
The correction target was 3266$ and it has been reached.
Now, the rebound areas are between 3266$ and 3189$ , which may end the correction and we might see a rebound from these areas.
- Breaking and closing for three trading days below 3189$
Targets 2950$
- The signal for the end of the correction is breaking 3440$ and trading above it for three days, targeting a new historical peak at the level of 3700$ .
Summary:
- Breaking 3189$ continues the downward trend, with a target of $2950.
- Breaking 3440$ continues the upward trend, with a target of $3700.
And Allah knows best.