Monday, 28 June 2021

Comment on Gold on June 28, 2021

  - Ending last week's session, precious metal Gold had a slight gain week when closing the week with a bullish candle.  However, the increasing force of this candle is not significant and the selling pressure of last week's candle is still quite strong, so in my opinion, the selling pressure will still be maintained in the beginning of the session.  this week.


 - In terms of daily time frame, Gold is moving sideways around 1772-1789.  Gold price touches the threshold of 1789, there is selling pressure so in my opinion we will continue to keep selling down around this price range and expect the price to retest the 1765 zone.

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