Hello, in my opinion, the movement of gold last month shows that the market knew about the war in Israel. Imagine that the market did not know about the war. The price was stuck in the range of 1900-1875. Suddenly the news of the war was published. Now the price of gold was above 2100 dollars. The market quickly lowered the price and lowered the price by 170 dollars per ounce in less than two weeks. After that, the news of the Israeli war raised the price. Now the price is in the range of 1950 dollars. If the price is to return to above 2000 dollars per ounce, then World War III will have to happen. but it will not be a world war and I will tell you that the price can come back quickly and we will see a selling rally and a deeper correction in gold. A small risk can be taken here. I suggest a sell order at 1965 With a loss limit of 1773 and a target of 1700, this can be formed.
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