Gold
It reached its first target price around 4,688, which was an important natural level. From this level, a minor correction is still possible within the uptrend. As long as it stays above the thick green uptrend line, the long-term trend and buying opportunities should remain intact. The correction from the decline seen since the beginning of the year is expected to be in the range of 4,688 to 4,843, meaning it could still go higher.
Resistance levels: 4,688; 4,843; 4,923; 5,000.
Support levels: 4,218; 3,906; 3,750.
