‼️ ️In yesterday session, gold precious metal did not change too much when the price increased from 1830 to 1845 and then fell back to 1835, closing the daily candle was still with a bullish candle but the uptrend was not still being as strong as the previous 2 candles and I still hold the same opinion as yesterday that this precious metal is facing a fairly strong resistance at the 1845-1850 price range, so in my opinion during the trading sessions. Earlier this week, the plan would be to sell down precious metals.
- Moving to the shorter time frame H4 we can see the possibility that this precious metal is creating a "resistance" to go down and here in my opinion we can establish a sell position with an aim of security. is around the threshold of 1825-1815 and expected to retest this zone, the metal price has broken around the threshold of 1800-1804.
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