Gold and the expected scenarios for buying and selling

Expected gold buying and selling areas.

 

Gold has been moving sideways since the beginning of the week.

The movement is expected to continue as long as the demand areas are not broken or the supply areas are not penetrated.

In the event of breaking the support areas and closing below them, the decline is expected to continue until reaching the following demand areas.

However, in the event of breaking the supply areas and closing above them, a rise to the following supply areas is expected.

From there, a correction may occur before completing the rise until reaching the main supply areas above.