Wednesday, 2 June 2021

Comment on Gold on June 2, 2021

 ‼️End of yesterday's session precious metal Gold closed the day with a bearish candle around 1900. With this drop in my opinion, the selling force of precious metal Gold seems to have appeared.  and it is highly likely that Gold will correct slightly here.

 - Considering the H4 time frame, we can see that selling is the dominant force in the 4 trees, so recently and in my opinion the ideal price zone to sell down with this precious metal is around 1904-1907.  Around here we can establish a short position in precious metal Gold with a target of 1892. In my opinion, the price needs to break through 1892 to confirm a deeper decline in Gold.

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