In yesterday's trading session, Gold bounced up to the right price zone of 1795 and dropped beautifully to 1780. Closing the day session with a bearish candle, this is the first day of decline after 4 days of rising.
Last trading week after a sharp drop to 1684 precious metals Gold rebounded strongly, closing the week with a bullish candle and retreating around 1779.
Our opinion in today's trading session we are waiting to buy if the price falls around 1785-1791 and sell if the price reaches The nearest resistance zone is around 1812-1818.
At the end of June, precious metal Gold has had a strong decrease from 1915 to 1750, covering up the previous May's increase, forming a twin candle pattern, so in this July, the possibility of pressure selling will continue.