Wednesday, 8 December 2021

Comment on Gold on December 8, 2021

In yesterday's trading session, precious metal Gold, after falling to 1772, rebounded to 1787 and closed the day with a bullish candle around 1783. After yesterday's decline, yesterday Gold gained again.  Therefore, my personal opinion on precious metal Gold remains unchanged today, still preferring to buy up.



Currently, the precious metal Gold is facing a resistance zone around the 1787 threshold, if in the beginning of today's session, Gold can break out of this price range, it is likely to conquer the 1795-1800 level and I expect  hope that.  We will continue to prioritize the buy option if Gold retests 1776-1779.

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