Showing posts with label live gold trading tips. Show all posts
Showing posts with label live gold trading tips. Show all posts

Monday, 8 November 2021

📕 Comment on Gold on November 8, 2021

In the last trading session of the last week, precious metal Gold has gained quite strongly as analyzed, closing the week with a strong bullish candle around the threshold of 1818. With the closing of the week with a full-strength bullish candle.  At this point, my personal opinion at the beginning of this new week's trading session is to prioritize buying options.




 - Switching to the daily chart, we can also see that the buying pressure of the last 2 days is quite strong and in the support zone, the nearest precious metal can be found around 1804-1808.  If the precious metal in the beginning of today's trading session can correct slightly, the upper price zone is a good price zone for us to establish a buy position on the precious metal Gold with my expected target is  around the threshold of 1825-1830.


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Friday, 29 October 2021

📕 Comment on Gold on October 28, 2021

 Ending yesterday's session, precious metal Gold had 1 day of gain as analyzed when from 1783 to 1799, closing the day around the threshold of 1796. Although closing the session with a bullish candle, look at it.  Overall yesterday Gold ran in two directions and has not yet broken the psychological resistance around 1800.



Switching to the H4 time frame we can see that after many tests of 1784 the price bounced up quickly to the resistance around 1800. Currently, the above two price zones are still holding and showing no signs of breaking.  My personal opinion is that at the beginning of today's trading session we can trade within this range and wait for the signal to break for the next trend.



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