Thursday 7 October 2021

Comment on Gold on 07/10/2021

 In the trading session yesterday precious metal had 1 day gained from 1746 to 1765, ending the day with a gaining candle around 1762. With many candles withdrawing foot on the day chart for the past 3 days - Currently on the H4 time frame we can see the golden precious metal is plagued around 1765, this is also MA20 on the day's chart and according to my ability to have a small adjustment here. 



The gold price area can be adjusted to be around 1755-1758. Here we can establish a status of buying with gold precious metal with safety goals 1765 and expect 1775.

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