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Wow Gold Market Moving Smartly- Quick Gold Analysis

 

Comment on Gold on December 30, 2020:

 In the trading session yesterday, gold price mainly went sideways in the amplitude mainly from 1883-1874, although sometimes the price went down to 1886 and down to 1871, but this momentum could not maintain and return  sideways price range.  Ending yesterday Gold price closed the day with a bullish candle but pulled out beard so my personal opinion today remains as yesterday's priority to sell down this precious metal.
 - With the recent decline of gold price in 1882-1886, it has turned this price area as the closest resistance level, pushing down the price of precious metal today.  Around this price range we can establish a sell-down position with this precious metal.  Our safety target could be set to take short profits at 1871-1874 and expect forward around 1865 today.

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