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 option.
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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