Wednesday 12 January 2022

Gold Comment on December 01/2022:

- In yesterday's trading session, precious metal Gold went right as analyzed when it bounced up from 1800 to around 1823, closing the day session with a strong bullish green candle.  With the closing with this dominant bullish candle, the buy option will be prioritized in today's session.

- We can see the next resistance area for this precious metal Gold is around 1830-1834 but before going up here I expect Gold will have a slight correction before going up and possibly breaking.  broke the resistance zone 1830-1834.  In the beginning of today's trading session we may consider short selling this precious metal to the price range 1815-1817 when the precious metal comes here we consider a buy signal, then I will update later.


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