- Ending the last trading week precious metal Gold closed the week with a bearish candle around 1796. Although it closed the week with a bearish candle, this is also a strong support area for precious metal Gold and I expect at the beginning of this week's session Gold will continue to increase.
- Switching to the daily chart time frame, we can see that on Friday, Gold had 1 day of gaining again after 2 days of strong decline before. The Friday candle also supports the uptrend so we continue to maintain the previous buy order with target 1802-1807.
No comments:
Post a Comment