Market News

Quick Analysis on Today Gold Market News

Comment on Gold on October 27, 2020:

In yesterday's session, Gold once came to 1891 then rebounded and finished the daily candle with a decreasing candlestick showing that the 1890-1895 price range still needs more time to break the price range.  this.  However, not so that I change my personal opinion about the decline of this precious metal today.

 - The recovery is understandable when it hits strong support.  My opinion is still in favor of selling down this precious metal today.  The sell zone will remain around 191x and the target towards the nearest support zone 1895-1890 and further 188x in today's trading session.