‼️In yesterday's session, after precious metal Gold bounced up around 1912, it fell back to 1890 ($22) and closed yesterday's session with a bearish candle around 1912. threshold 1896. With this drop, it has shown that the uptrend has started to limit and gradually selling force appears. Therefore, in today's trading session, our plan will be to prioritize selling.
- Considering the H4 time frame, we can wait for this metal to return around the 1900-1904 price level to establish a sell position with the target as the support area around 1885. Here we liquidate the order to wait. Wait for the next signal. If today the precious metal crosses the threshold of 1870-1875, it is highly likely that Gold will have a deep correction after many weeks of strong price increases.
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