Wednesday, November 17, 2021

Comment on Gold on November 17

  In yesterday's session, after fake breakout to 1877, precious metal Gold immediately fell to 1849 ($28), closing the day session with a strong bearish candle around the 1849 price zone.  With this decrease, in my opinion, precious metal Gold will continue to correct in today's session.


Moving to the H4 time frame we can see the precious metal Gold is currently reacting at around 1849, I expect here Gold can recover to around 1860-1866 in early trading today.  now on.  After touching this price zone, the precious metal Gold is likely to be under downward pressure, then I will update everyone's signal.

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