Looking for a daily gold market update before entering into the gold market, check out today's gold analysis.
Closing last week's trading session Gold precious metal had a week of increasing from 1721 to 1759 ($ 38) and closed the week at the price zone of 1743. With the close of the week with this bullish candle combined with The next 2 candles next week Gold created a pair of short-term bullish reversal candles. Therefore, in my opinion, the buy option will be given priority in the first sessions of this week.
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In the new month, everyone with a drawdown monthly candle closed above the monthly chart, along with that on the daily chart time frame, after falling sharply to 1678, this precious metal formed the 2 patterns. the bottom then go up. The session closed yesterday with a fairly strong bullish candle that took up most of the downward pressure of yesterday's candle. So my personal opinion about precious metals is more and more affirmed as in today's 2 that we will continue to buy when prices return to the low range in the coming short term.
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