The price of gold Cheng Meas can increase in space between price 1812.00-1818.00



The price of target run 1800.00
Long positions above 1800.00 with targets at 1812.00 & 1818.00 in extension.
Alternative scenario
Below 1800.00 look for further downside with 1795.00 & 1789.00 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances
1823.00
1818.00
1812.00
1807.00 Last
1800.00
1795.00
1789.00