gold weekly technical analysis

Gold is now trading near good selling areas, and we mentioned it last week to be the best selling areas, extending from 1806.3 to 1813.3, with targets extended to 1769.6. After achieving the last target, it is expected that the bottom of the week will form the beginning of a corrective ascending wave to target the level of 1787.7, but in the case of a positive closing. And the occurrence of a break out by closing a four-hour candle, above the level of 1806.3, so we expect the beginning of a bullish wave to form to be the best buying liquidity areas extending from 1806.3 to 1813.3 to target the selling liquidity levels extending to 1841.2, from which it is expected to form the top of the week and form a corrective descending wave to target the level of 1827.6