Thursday 24 June 2021

Gold comment on June 24, 2021

- In yesterday's trading session, precious metal Gold remained unchanged compared to the previous day.  The price is still in the accumulation zone of precious metal Gold so in my opinion we can trade in this range and selling down is my preferred option.

 - Yesterday, after rising to 1794, the price dropped again, turned back, and closed the day with a bearish candle, so the selling pressure was quite large with precious metal Gold.  We maintain the short position with the target of 1765. Here we liquidate the order and wait for the next signal.

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