Update on Gold on December 21, 2021:
- In yesterday's trading session, precious metal Gold had a day of decline exactly as analyzed when the price fell from 1804 to 1788, closing the daily candle with a bearish candle around 1790. With Gold. has shown a clear decline when touching the resistance area of ??1814, in my opinion precious metal Gold will still be under downward pressure in the beginning of today's session.
- Switching to the h4 time frame we can see the nearest resistance area pushing down the price of this precious metal around 1794-1798. Here we can refer to a short signal with target 1785-1781.
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