Wednesday, 28 April 2021

Technical Analysis on Gold/Xauusd

 📕 Comment on Gold on 04/28/2021:



 ‼ ️In the session yesterday, the world gold price still fluctuated in a range of 1773-1785.  Closing the day with a bearish candlestick around 1776. Although closing the day with a bearish candle, as I updated yesterday afternoon it is time to accumulate sideways gold.  Therefore, buying gold in today's trading session is still prioritized.

 - Moving to the shorter term H4 we can see this precious metal is moving towards the support zone of 1770 pushing the precious metal back up during the day, In my opinion we can set up.  Buy position with the precious metal Gold at around this price level.  Our safe target is up to the zone 1785-1790.

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