Friday 23 July 2021

Comment on Gold on July 23, 2021

  In yesterday's session, precious metal Gold went standard as analyzed in the early morning when it was still in a sideways range when it fell to 1794 then bounced back to 1807. Once again Gold failed to break the zone.  support 1794 and we will prioritize buying if gold drops there first today.

 - As I have analyzed for many days, Gold will mostly move sideways in a large range of 1794-1818 and there will be no specific breakout and in my opinion today we will still hold this view if  If gold breaks any boundary, we will hit that border.  These are also support and resistance areas in today's session.

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