Tuesday, 11 January 2022

Analaysis on Gold: 11 January 2022

  - In yesterday's trading session, precious metal Gold went right as analyzed when it bounced up from 1789 to 1802, closing the day's session with a rising green candle around 1801. With gaining momentum back  In the last 2 trading days and the psychological resistance level of 1800, in my opinion at the beginning of today's session, we will continue to maintain our preference for buying with Gold.

 - Moving to the H4 time frame, we can see that Gold is also gaining quite well and the nearest support zone pushes this precious metal up around 1796-1798.  If Gold can recover to this price zone then this is a good price to buy in with precious metal Gold with a safe target around 1805-1810.



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