Showing posts with label free forex tips. Show all posts
Showing posts with label free forex tips. Show all posts

Tuesday, May 24, 2022

Comment on Gold on May 24, 2022

 In yesterday's session, precious metal Gold did not correct much, but increased from 1842 to 1865 ($23) then dropped back to 1846, closing the day with a bullish candle around.  threshold 1853. Although the gaining force is not strong and is currently decreasing slightly, but the increasing force is still there and the option to wait to buy will be more feasible in today's session.

 - On the h4 time frame, after meeting the 1865 resistance, it is currently decreasing to 1850. In my opinion, the possibility of Gold falling further to the 1836-1842 price zone.  Here we consider the option to buy.

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