Technical Analysis on Gold(XAUUSD)

 📕 Comment on Gold on July 13, 2021:



 - In yesterday's session, after the precious metal fell to the 1791 price zone, the price bounced back up, closing yesterday's session with a bearish candle and retreating around the 1805 threshold.  day with a pullback candle plus very good buying power after falling to 1791 so in my opinion we will continue to trade with precious metal Gold on the 2 sides of this sideway  is 1791-1815

 - Switching to the H4 time frame we can clearly see the sideways area of ​​Gold, in my opinion in today's trading session we are waiting to buy if the price falls around 1785-1791 and sell if the price reaches  The nearest resistance zone is around 1812-1818.

Sell GOLD 1810 and Sell limit GOLD at 1812

SL: 1820

TP: 18XX-18XX-17XX

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