- After gaining strongly at the beginning of the week, in the last 2 trading sessions of the week, Gold had a slight correction, but however, the correction was quite weak and stalled at the support area around 1814 and to the west. Above, it is blocked by the price zone 1828-1830. Last week's candle also showed buying momentum, but buying power could not be maintained in the last sessions of the week, so in my opinion, it is likely that at the beginning of this week's trading session, precious metal will decrease slightly first. and increase later.
- Switching to the H4 time frame we can if Gold falls through the 1814 zone, it will likely drop to the 1807-1810 price zone and here in my opinion is a good price zone for us to establish a buy position with the target. safe is around the 1820 threshold.
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