- In the last trading week, we can see the precious metal Gold was mainly sideways in the range from 1788-1815, closing the week session with a bullish candle around the 1807 price range. With this week's candle. If it doesn't drop like the previous week, plus it closes with a bullish candle, in my opinion Gold will continue to move sideways and accumulate in a wide range.
- Switching to the daily chart time frame, we can see that the past week has been a continuous period of retreating candles, showing that the buying power is quite good when the price corrects around the 1794-1800 zone, so in my opinion My personal point if in today's trading session Gold has a correction near the upper price zone, that is a good price zone so we can establish a buy position with a safe target of 1818 and far. than 1825.
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