Tuesday 21 December 2021

Comment on Gold on December 21, 2021

 In yesterday's trading session, precious metal Gold had a day of decline exactly as analyzed when the price fell from 1804 to 1788, closing the daily candle with a bearish candle around 1790. With Gold.  has shown a clear decline when touching the resistance area of ​​1814, in my opinion precious metal Gold will still be under downward pressure in the beginning of today's session.


Switching to the h4 time frame we can see the nearest resistance area pushing down the price of this precious metal around 1794-1798.  Here we can refer to a short signal with target 1785-1781.

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