Update on Gold on January 27, 2022:
- In yesterday's session, precious metal Gold had a decline from 1849 to 1814 ($35) and closed the day session with a strong bearish candle around the 1819 price range. Although it closed with a candle. declined but in my personal opinion Gold is currently entering a strong support zone and is likely to have a recovery at the beginning of today's session.
- We can establish a buy position from the price zone 1812-1817. This is a strong support zone for this precious metal with a safe target 1828-1830.
Buy GOLD current price 1817 and limit 1812