Thursday, 3 March 2022

Prediction on Gold on 03/03/2022:

- In yesterday's session, precious metal Gold fell from 1947 to 1914 ($33), closing the day session with a bearish candle around 1927. The drop was not too strong and recovered in  end of trading day.  In my personal opinion, the increasing force of Gold is still dominant, so in today's session, the option will be to buy.

 - On the H4 time frame, the nearest support area for this precious metal is around 1914-1919.  Here we can establish a long position with a safe target around 1935-1940.  Then there is a signal I will update later.


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