Thursday, 26 August 2021

Gold comment on August 26, 2021

 After rising to 1797 in the early morning of yesterday's trading session, precious metal Gold dropped to 1782 and closed the session around 1790. With the closing of the session with a bearish candle combined with  The previous 2 next day candles created a short-term reversal pattern and we will wait for a good price zone to establish a sell position in today's session.



 - Considering the short-term time frame is H4 in my opinion we can wait for the price to recover around 1794-1797 to establish a short position with precious metal Gold with a safe target around the threshold.  1784 and beyond 1779.

GET LIVE RECOMMENDATIONS NOW

No comments:

Post a Comment

Remarketing tags may not be associated with personally identifiable information or placed on pages related to sensitive categories. See more information and instructions on how to setup the tag on: http://google.com/ads/remarketingsetup --------------------------------------------------->