Market News

Gold Update- Momentum Will Soon

My personal view at the beginning of this week's trading session is that Gold will continue to gain momentum.  The closest support area for this precious metal is around 1873-1877.

Gold Will Bounce Back And Rebound

On the daily chart, Gold is also touching a fairly wide support area and in my opinion the buying plan will be more reasonable than selling.

Gold Update- Precious Metal Will Continue To Conquer The Next Peaks

Here we will wait for the price reaction to see whether to buy or not, then I will have an update.

Today's Gold Update: Gold Will Continue to Gain Momentum

Moving to the h4 time frame, we can see that Gold is currently in the old resistance area at 1828, so there is a possibility that there will be a downtrend but however, the strong bearish signal has not been seen yet and it is likely to follow.  Gold will bounce up one more span to around 1835, it is likely to correct here.  Therefore, in today's session, we will wait for the opportunity to buy if Gold corrects slightly in the Asian session and wait to sell if Gold approaches the price of 1835