- Ending yesterday's session, precious metal Gold had 1 day of recovery after a strong drop last week. The price recovered from 1764 to 1787 ($23). Close of the session with a bullish candle. Although yesterday there was a recovery signal, but in my opinion, the downward pressure on precious metal Gold on the weekly chart is dominating and this recovery span is the area for us to establish a short position. down.
- On the D1 and H4 chart time frame, Gold is facing a resistance around 1785 -1790, here we can establish a sell position with a safe target around 1775 and beyond 1765.
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