Gold near strong support - buy on 1H
Updated
Dear traders and followers,
welcome to our weekly gold market update !
The Gold price lost in the last days almost 4% value and reached almost strong support area near 1800 $
We expect the market to make a final drop to 1790-1795 $ area which is pretty nice short term buy entry.
-RSI indicator starts sideways movement which is a buy signal.
iIn long term view is 1700 $ last important support before the trend changes from up tp down.
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welcome to our weekly gold market update !
The Gold price lost in the last days almost 4% value and reached almost strong support area near 1800 $
We expect the market to make a final drop to 1790-1795 $ area which is pretty nice short term buy entry.
-RSI indicator starts sideways movement which is a buy signal.
iIn long term view is 1700 $ last important support before the trend changes from up tp down.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/don't miss any new ideas
Thanks for your support !
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