Hey everyone,
I wanted to give you a quick update on the latest movement in the gold market, especially for those who caught yesterday's analysis. It seems like our predictions were right on the money, quite literally! 📈
Gold Technical Analysis: Taking a look at the daily chart, gold hit a...
‼ Ending the session yesterday, gold precious metal had a pretty nice dropping day as analyzed from 1733 to 1705 ($ 28) to close the session at 1710 with a strong drop. This downside span is clear and necessary when the price increases from the "bottom" zone of 1676 to 1755 without any specific...
‼ After touching the short-term support zone at 1725 gold precious metal has rebounded from 1723 to 1738 ($ 15) to close the daily candle around 1733. With the end of the daily candle around this price zone, in my personal opinion, would still maintain the bearish stance as reported yesterday.
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