GRANDIR CM
GOLD: STARTING THE WEEK
Gold is currently trading around $4,370, staying within a narrow range and with moderate volatility. Our first scenario will be to observe possible buying opportunities near $4,350. If the correction continues, the next area of interest is between $4,320 and $4,300, where a buying reaction could appear. In the bullish scenario, we will pay attention to the price behavior between $4,400 and $4,420. If the market loses momentum or shows clear signs of rejection in that region, a lower exposure sell could be evaluated. Conversely, a solid breakout of $4,420, accompanied by a consolidation above that level, would weaken the bearish scenario and increase the probability of a continuation to the upside. The most prudent approach will be to wait for confirmations before opening a position and avoid anticipating the market movement. πΈππ₯