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Until recently, I expected gold to go up with great intensity. As you can see, investors have a different plan for the beginning of this year, so in the picture below I present how I see it. If we do not keep the price level at which we are now, we have a chance of a stronger decline. With a cross I marked the place which will be a trigger for short positions for us. After breaking the marked level, I will expect a correction to the dashed line or around it and then even to the level of 175x USD. The situation is similar on the silver market, but there the downward trend is more visible from the H4 / D1 perspective.

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