Case 2 if Gold declines and corrects to 1750-1755 in the beginning of today's session, we can establish a buy position around this level with the target of 1778-1782. After the gold precious metal touches this price zone, we should consider a sell signal here.
End of the session yesterday, gold precious metal went as expected when it declined from 1749 to 1732 ($ 17) closed the daily candle around 1734. Downforce almost occupied the previous uptrend.
Bursa Malaysia was higher this morning, in line with regional peers, lifted by better market sentiment as fears over United States high inflation subsided, dealers said.
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