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Daily Gold Update- Gold is accumulating for the upcoming uptrend

 

Gold Update on November 19, 2021:

- In yesterday's trading session, after once again testing the price area of ??1870 precious metals Gold fell slightly to 1855, closing the day session with a bearish candle at around 1858. However, the candle fell. This point, in my opinion, does not reflect much and the possibility that Gold is accumulating for the upcoming uptrend.

- Switching to the h4 time frame, we can see that Gold is moving in the short-term trendline channel from November 10 to now and this range is also the range in which we can trade, prioritizing the buy option.  into the.  The price range 1850-1855 is the closest support we can buy with this precious metal.  Safe target around 1870-1875.

 

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