📕 Comment on Gold on June 2, 2022:

 

 ðŸ“• Comment on Gold on June 2, 2022:


 - After the strong declines of the first 2 weeks of May, 2 weeks later, the precious metal Gold regained nearly half of the decline of the beginning of the month.  Closing the session in May Gold still closed with a bearish candle but retreated quite a lot and closed around 1836 (this is a strong support area) so my view in the first trading sessions of June  In this case, it is likely that Gold will still be prioritized for the uptrend.

 -In yesterday's trading session, after gold fell to 1828, it immediately bounced back to 1849. Closing the day session with a bullish candle right after the previous day ended with a falling tree.  My personal opinion in today's trading session is still prioritizing the option to increase.  The nearest support price zone for precious metal Gold 1835-1840.  If Gold has any slight correction here, we can establish a buy position with target 1855.-1860.

Location: Oman

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