Gold reached the lower border of its horizontal range at 1948.33 levels and actually rose until it reached the upper border of the horizontal range at 1984.15 levels, and closed above, but failed to stabilize above, and therefore, in the event that it succeeds and returns to close above, the targets for the rise will be 1994.40 levels, then 2003.45 levels, respectively. But if it fails to exceed 1984.15 levels, we expect a further decline until 1975.44 levels.