Monday 4 October 2021

Comment on Gold on October 4, 2021

 Closing last week's session, precious metal Gold ended with a bullish candle from 1721 to 1765. After 3 weeks of decline, the last week, according to me, Gold has shown a slight recovery signal.  and the possibility that in this week's trading session, precious metal #Gold will continue to be promoted and go up to higher milestones.


Switching to the daily chart time frame, we can see that the previous 2 trading sessions ended with a bullish candle, but in the last session of the week, precious metal Gold is showing signs of slowing down around.  zone 1765. So in my personal opinion at the beginning of today's trading session, the possibility of Gold will correct down slightly after 2 days of gaining before it can continue to increase like the weekly chart.

 πŸ‘‰ We can set up a sell down around the current price, stop if the price goes through 1770, and safe target around 1755 and expectation 1745.

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