📕 Comment on Gold on December 16, 2021
After a news sweep down around 1752, precious metal Gold bounced back up to 1780. Closing the day session with a bullish push candle, after the Gold sweep regained momentum because Therefore, it is likely that in the beginning of today's session, the upward force will continue and head to the nearest resistance around 1790.
Switch to the H4 time frame, the nearest support area for this precious metal is around 1768-1774. Here we can establish a long position in this precious metal with a safe target around 1790.
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