In yesterday's trading session, the precious metal Gold officially broke the sideways price zone nearly 1 week before. Precious metal Gold bounced sharply from 1757 to 1796 ($39), closing the session with a strong bullish candle around 1792. With the precious metal Gold's strong breakout, I think Gold is likely will continue to be boosted uptrend at the beginning of today's session.
On the H4 time frame, we can see that the precious metal is currently showing signs of a slight correction, this is a downward correction so we can establish a buy position and in my opinion, it is likely to be around 1785. precious metals will bounce back with a target of 1796-1805. We can wait for the price to correct slightly to buy up because, with a strong increase like yesterday, it is a bit difficult to make a deep correction.
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