Market News

Daily Gold Update- Gold Will Maintain the Upward Position

Live Gold Trading New on December 6, 2021:

- With a strong recovery in the last trading hours of last week, precious metal Gold closed the week with a bearish candle.  With precious metal Gold closed the week around 1783, didn't break the strong support zone at 1758-1760, so in the beginning of this week's trading session, I think it's likely that Gold will maintain the upward momentum of the trading sessions.  last week.

- Switching to the H4 time frame, we can see quite good buying pressure from the last hours of last week's trading last week and in the beginning of today's session in my opinion around 1778 will be the closest support we can get.  can establish a long position with the safe target around 1790-1794.