- True to the analysis, when in yesterday's session, precious metals Gold rose first, fell later, After rising to 1785 Gold fell sharply to 1767. Closing the day session with a bullish long beard candle. The drop was quite strong at the end of the day, but the support price zone of 1767 was still held. So in my personal opinion at this price zone, precious metal Gold is likely to have slight recovery spans.
- On the H4 timeframe we can see this most clearly when the price is in the support zone. We can refer to the current bullish buy signal with a safe target around 1775. If Gold price breaks 1760 and goes down, we will consider selling down,
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