Gold prices opened today's Asian trading session - November 21, 2023 with a fairly strong price increase.
Analyzing the gold price chart on the M15 time frame, the price is currently at the resistance level and is having certain reactions.
However, in CaPhiLe.Com's opinion, this resistance level will quickly be broken, and the gold price will quickly conquer the $2000 mark again.
The main reason is that at the 4-hour time frame, the price action signal shows 3 consecutive white candles, proving that the upward price pressure is extremely strong.
Final conclusion, we should wait at good price zones to BUY, and hold.
Note: This is only the personal opinion of the writer, please consider carefully before making investment decisions.
Best regards,
CaPhiLe.Com
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