As for gold, we will wait for the market to open and close within 4 hours to confirm the trend
In the event of a strong candle break, we will see a drop 1.07436 and 1.05306 Or we will see a rise to 1.11182 and 1.12713
We wait for it to get out of the fluctuation area and re-test it, then we buy or sell
The #OPEC + group announced today, Sunday, an unexpected reduction in oil production by about 1.15 million barrels per day. Expectations indicate an increase in the price of a barrel of oil by $ 10 after the OPEC + cuts at the opening.
After breaching the 1960 level, it will continue to rise to 2062, but after re-testing 1960. If it is breached, we will see its descent to the 1874 level.
Gold this week on the hourly time frame will rebound on the resistance area Then it will rise, but if it is breached, we will witness a strong descent
In these weeks, we will see a decline in the event that the support area is not breached and closed below
I think that gold will retest the resistance and then it will go down