After the precious metal Gold recovered to 1802, then fell back to 1782 ($20) closing yesterday's session with a bearish candle around 1789 combined with a 2-day drop. Next to the previous one, it is likely that in today's session, precious metal Gold will continue to be under downward pressure.
- On a shorter time frame than H4 we can see that the precious metal is currently stalling around the current price range and in my opinion Gold may have a slight recovery around here. threshold 1792-1795. This is also the nearest resistance area to push this precious metal down, we can establish a sell position on this metal here with the goal of safe profit-taking around the 1782-1785 zone and beyond the support zone. support 1774.
👉🏻Follow us to always know the science of trading as well as the latest updates on technical analysis & fundamental analysis
No comments:
Post a Comment