️In the session yesterday, the gold precious metal had a quite strong decline as analyzed when it decreased from 1841 to 1817 ($ 24) but this decrease was not maintained until the end of the session but rose to 1838 immediately. then, closing the daily candle remains with a bullish candle. In my opinion, with Gold not falling further and rebounding up like yesterday, it is likely that Gold will continue to move sideways in the range 1829-1840 in today's trading session waiting for the trend to break. break next.
- Moving to the shorter-term timeframe H4, we can see that the MA20 on this time frame still plays a supporting role for the precious metal Gold. So we could enter a buy position here with a safe target at 1840. Here we wait for the signal to consider reselling.
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