Thursday 29 April 2021

Comment on Gold on April 29, 2021

 📕 Comment on Gold on April 29, 2021:
Gold Signals



 ‼️ In yesterday's trading session, the world gold price dropped sharply to 1762 then went straight up to 1782. As stated in the morning when we continued to successfully long Gold, closed this session yesterday precious metals  This closed with a bullish "long leg" candlestick that pushed up around 1781. With a daily close with such bullish force there is nothing to change my view on Gold we wait.  prices fell and then continue to buy gold in today's trading session.

 - Switching to the H4 time frame, we can see that this precious metal is meeting the upper boundary of the previous sideways of Gold, which is around 1784. Here we can wait for Gold to adjust down to around 1775 to  continue to establish long status with Gold.  Today we will just wait for a long time to buy, not sell.  Our safe target with the Golden Dragon status is 1785-1790.  If you break 1790, then the possibility of 1800 will be the next target of this precious metal.


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