Tuesday, 7 December 2021

Comment on Gold on December 7, 2021:

 In yesterday's trading session, precious metal Gold did not have too much volatility as Gold fluctuated around the price range of 1777-1784, closing the day with a bearish candle but did not reflect too much, in addition around the 1777 zone is likely that Gold is creating a bottom so it can bounce, so in the beginning of today's session, my opinion will be to prioritize buying.


On the H4 time frame we can see Gold is experiencing price reaction around MA20 so we can buy around this price zone with safe target 1790-1794.

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