Gold prices have reached the key support of the short-term uptrend 2862 - 2853. This zone has not been broken. Consequently, we can consider new purchases from it with the first target at 2904 and the second target in the area of 2956.


 If the price breaks through the support (B) 2862 - 2853 and consolidates below, the short-term trend will change to a downtrend. In which case it will be possible to consider sales of the instrument with the main target at the lower target zone 2768 - 2750.


Trading decisions on GOLD for today:Buy near support (B) 2862 - 2853. Take Profit: 2904, 2956. Stop Loss: 2835.