📕 Comment on Gold on March 24, 2021



At the end of yesterday's session, the world gold price had a decline from 1742 to 1723 ($ 19) to close the day with a bearish candle with the closing price at 1726 (the lowest price after 4 days. ). As in the analysis report for the last few days, I have stated that gold precious metal is likely to decline further and with yesterday's selling force I continue to expect this precious metal today will continue to move. Move down to the 171x lower price range.
- Currently, Gold precious metal is meeting the short-term support zone at 1725, so it is likely that this precious metal will have a slight rebound but with this upward momentum, in my opinion it is for us to have a better selling point. . This recovery in my personal opinion is likely to rise around 1732. Here we can consider establishing a sell position with a target of 1715 in today's trading session.
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