In the last trading session of the last week, precious metal Gold has gained quite strongly as analyzed, closing the week with a strong bullish candle around the threshold of 1818. With the closing of the week with a full-strength bullish candle. At this point, my personal opinion at the beginning of this new week's trading session is to prioritize buying options.
- Switching to the daily chart, we can also see that the buying pressure of the last 2 days is quite strong and in the support zone, the nearest precious metal can be found around 1804-1808. If the precious metal in the beginning of today's trading session can correct slightly, the upper price zone is a good price zone for us to establish a buy position on the precious metal Gold with my expected target is around the threshold of 1825-1830.
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