- In yesterday's trading session, precious metal Gold had quite strong declines from 1817 to 1794 ($23) after touching this price range Gold had a quick bounce back to 1815 and closed the session. Trade with a bullish pullout candle. With the end of the day like that in my personal opinion the momentum will be maintained in the beginning of today's trading session.
- Looking at the shorter-term timeframe H4 we can see the intraday support of the precious metal Gold around 1808-1810. Here we can establish a long position with the safe target that is the "old top" zone at 1827-1830.
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