📕Comment on Gold on January 20, 2022:

 - In yesterday's session, precious metal Gold went right as analyzed when the price bounced up beautifully from 1810 to 1843 ($33), closing the day session with a strong bullish candle around 1839.  With such a remarkable increase, Gold's uptrend is no longer controversial, the price has officially broken the strong resistance area of   1828-1834 to go up as expected.

 - In my personal opinion, in today's trading session, we continue to maintain our preferred option to buy when the price returns to around 1835. This is the closest support zone to the precious metal Gold for us to have.  can establish a long position with a safe target of 1843-1845.  Here we will wait for the next signal.

No comments:

Post a Comment

Dollar heads for biggest monthly loss since 2010 ahead of Powell speech

  The dollar eased from a one-week high on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell, while optimism over a possibl...