Gold at resistance
Weekly Analysis 3 Mar, 2024
Last week, gold had a big $60 upward move and is currently positioned at a resistance level. Looking ahead, the most important news is the release of Non-Farm Payroll (NFP) numbers this week.
From a technical standpoint, our initial support level stands at 2060. if this support breaks, we may consider selling on a subsequent retest of that level
Last week, gold had a big $60 upward move and is currently positioned at a resistance level. Looking ahead, the most important news is the release of Non-Farm Payroll (NFP) numbers this week.
From a technical standpoint, our initial support level stands at 2060. if this support breaks, we may consider selling on a subsequent retest of that level
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