True to precious metal analysis Gold yesterday, after rising to 1789, fell to 1776 and moved sideways in this range, closing yesterday's session with a bullish candle but this upward force did not reflect. get much. The price zone 1785-1788 is still a resistance zone that precious metals need to overcome if the rally continues and below is the support zone around 1775.
On the H4 time frame, we can see the bottom of the candles with the phenomenon of gradually rising MA20. So in my personal opinion, we can buy if the price corrects to this MA20 with a safe target around 1788 and an expectation at 1795.
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