The previous week played out as projected, with gold reaching the level of $2,709.64, testing the static resistance key level at $2,720.98, and subsequently experiencing a rejection. A correction is underway, with potential downside targets at $2,693 and $2,688, and an extreme level at $2,680. A daily close below $2,680 would invalidate the current bullish pattern and could lead to a move toward lower levels in the $2,480 range. However, momentum remains bullish as long as...
Eight-Day System
