Comment on Gold on June 15, 2021:
- In yesterday's trading session, precious metal Gold had quite strong declines from 1877 to 1844 ($33) after falling here, it immediately bounced back to 1869 and closed the day with a The candle fell but retreated quite strongly and the strong support area of 1855 still holds so this is still the price area where we can establish a short buy position.
- Switching to the H4 time frame, we can see that after sweeping to the 1844 area, the buying momentum immediately increased again and the last 3 H4 candles still gave a strong buying force, so the possibility of this uptrend will still be maintained in the beginning of today's trading session. And I expect precious metal can recover to around 1875-1880. Here, in my opinion, is the ideal price zone to establish a short position with Gold. The safe target is around 1855-1860.
WANT TO DIRECT TALK OUR MARKET EXPERT CONTACT : Register Now
No comments:
Post a Comment