BTC USD 57,321.5 Gold USD 1,831.42
Time now: Jun 1, 12:00 AM
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‼ ️ At the end of yesterday session, the world gold price fell beautifully as expected from 1863 to 1829 ($ 34) closed the daily candle at 1836 with a relatively strong drop. This is the old support price zone that from January 2nd until now the world gold price has not broken and in my opinion we will start to limit long sell orders and wait. Gold creates a bottom to establish a buy position.
- With the world gold price reaching the old support zone of 1830 immediately rebounded, it proved that this price zone could not be broken immediately, but it will take a few more sessions for Gold to bottom and go up. next price zones.
- On the daily chart timeframe, I expect the price of Gold in today's trading session will have some swings down to the sub-channel from November 30, 2020 until now, around the price range 1810-1815 to see. consider setting buy position on the precious metal Gold.
 

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sunar14

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What do you predict of Gold in the future?
In the long-term like 3-5 years it is a good asset to buy, however in the current face of expansion I would keep short position, targeting $1500. Only after it hits this level I would seek a reason to go long.
 
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