Market News

Gold Will in Downtrend Today

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.

Precious Metal GOLD Will Increase As Per Current Scenario

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.

Ready to BUY BUY Gold- it Will Bounce Up Again

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.

After Downward Gold Will Correct its Position

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.