Tuesday, 4 January 2022

๐Ÿ“• Comment on Gold on 04/01/2022:

-In yesterday's session, precious metal #Gold dropped sharply from 1831 to 1798, closing the day with strong bearish candle around 1801. Although it closed with a strong force, however, Gold is facing a challenge.  back to the support zone around 1800-1804.  So in my personal opinion at the beginning of today's trading session, it is likely that Gold will have an uptrend here.

- Moving to the h4 time frame we can buy short term at the current price with the target around 1810. Here it is likely that Gold will have downward pressure again so we will wait for the price reaction here to wait for the next signal.



No comments:

Post a Comment

Remarketing tags may not be associated with personally identifiable information or placed on pages related to sensitive categories. See more information and instructions on how to setup the tag on: http://google.com/ads/remarketingsetup --------------------------------------------------->