FX.co ★ XAU/USD, GOLD

Hello colleagues! It's another trading day and the beginning of the American session. So, what can we say about the past day - gold followed the buying scenario, playing out the gap from Monday's opening. Investors have finally come to their senses and started buying assets in the calm harbor. And today is Tuesday, and I have two scenarios for the situation again. The first one is for buying and it is a priority. If gold moves up, the entry point for buying is at 4852 with a take profit at 4887. The alternative scenario is for selling. The entry point is at 4737 with a take profit at 4702. Let's see what Tuesday brings us.