At the end of last week's trading session, gold precious metal rebounded quite strongly after the United States announced Nonfarm's payroll was not as good as the market's expectation, the price broke the resistance zone 1800-1804 earlier. 1843 this is the highest price range in the past 10 weeks of this precious metal.
- On the weekly chart timeframe we can see that this precious metal is having a fairly strong resistance at the 1843-1850 price range, so in my opinion, in the beginning of this week's trading session, the solution will be favorable First sell down with precious metals Gold.
- Considering the shorter time frame of H4, we can establish a sell down position for this precious metal when the price retests around 1838 with a safe selling target at around 1815-1820 and expect to test. This metal price zone has broken around 1800-1804.
Subscribe to #MoneyLifeResearch #GoldSignals #BestGoldSignals The Best Gold Trading Tips
No comments:
Post a Comment