At the end of the last session, precious metal Gold had a strong decline week from 1830 to 1780 ($50) and closed the week session with a bearish press around the threshold of 1787 with an overwhelming bearish force compared to the previous session. with the previous week and my personal opinion in the early trading of this week precious metal Gold will continue to be under downward pressure.
- Switching to the daily chart time frame, precious metal Gold in the last 3 trading days, Gold still fluctuates below the threshold of 1805 and in my opinion, the 1783 support area is unlikely to stand if there is another falling session. more points so in today's session we are waiting for a sell-off with precious metal Gold is at the nearest resistance around 1794-1797 with a safe target around 1783 and beyond 1775.
(Specific and intraday strategies will be updated - Gold price is currently being analyzed)
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