Market News

Gold Update- Precious Metal Will Continue To Conquer The Next Peaks

Here we will wait for the price reaction to see whether to buy or not, then I will have an update.

Today's Gold Update: Gold Will Continue to Gain Momentum

Moving to the h4 time frame, we can see that Gold is currently in the old resistance area at 1828, so there is a possibility that there will be a downtrend but however, the strong bearish signal has not been seen yet and it is likely to follow.  Gold will bounce up one more span to around 1835, it is likely to correct here.  Therefore, in today's session, we will wait for the opportunity to buy if Gold corrects slightly in the Asian session and wait to sell if Gold approaches the price of 1835

Today's Gold Update - Establish the BUY Position with Support

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.

Gold Market Update- Buying Trend

In my opinion at the beginning of today's session, we will continue to maintain our preference for buying with Gold.