Tuesday, 13 July 2021

Comment on Gold on July 13, 2021

 In yesterday's session, after the precious metal fell to the 1791 price zone, the price bounced back up, closing yesterday's session with a bearish candle and retreating around the 1805 threshold.  day with a pullback candle plus very good buying power after falling to 1791 so in my opinion we will continue to trade with precious metal Gold on the 2 sides of this sideway  is 1791-1815.

Switching to the H4 time frame we can clearly see the sideways area of ​​Gold, in my opinion in today's trading session we are waiting to buy if the price falls around 1785-1791 and sell if the price reaches  The nearest resistance zone is around 1812-1818.

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