‼ ️ At the end of the first 2 months of 2021, the world gold price had a deep decline. In February, the world gold price had a decline from 1872 to 1716 ($ 156) closing the monthly candle with a strong bearish candle at 1734 breaking the strong support zone at 1765. With the end of the month If the monthly candle is equal to this strong bearish candle, in my opinion Gold will continue to suffer downward pressure in this new trading week.
On the time frame of week W1, in my opinion, Gold will continue to decline towards around $ 1689 / oz. And in today's trading session, after 2 days of last week's decline, in this Asian session, Gold has a recovery span and I expect the price of Gold to recover to around 1755 today. Around this zone, I would have set a sell position, the safe target for profit taking is around $ 1730.
NOTE : WAIT FOR SIGNAL WITH PROPER LEVELS
No comments:
Post a Comment