In yesterday's trading session, precious metal Gold traded with a smaller and smaller cumulative range from 1793-1805. The price is still in the sideways zone and is supported by the 1789-1794 price zone but the upward momentum in this price area is not too strong and the back tops of the candles are now getting lower so in my personal opinion , I favor the possibility of decline of precious metal Gold in early trading today.
- The zone can establish a sell status with precious metal Gold around 1800-1805 and the safe target with this sell signal is around 1793 and expectation 1785.
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