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Gold Update- Gold will continue to be boosted

 

Gold Update on October 5, 2021:

- After falling from 1765 to 1747 precious metals Gold rebounded to 1770 and closed yesterday's session with a bullish green candle with a higher closing price than the previous 2 trading days.  With the end of this bullish candle, the possibility that the precious metal Gold will continue to be boosted in today's trading session,

- Moving to the shorter-term H4 time frame, we can see that the nearest price zone where a buy position can be established is around 1762 with a safe target around 1775 and beyond 1780.