Gold upadte 07.03.24
It seems that gold will not make a bigger retracement, at least not until NFP.
Today I will look to buy from the marked zone, with the idea that gold is moving in a bullish channel. I see multiple confirmations at that area - channel, cluster of pivot points, 50% of the wick.
Currently the fundamental drivers are bullish - bank crisis again, China, war activity.
Think simple, make the money.
Today I will look to buy from the marked zone, with the idea that gold is moving in a bullish channel. I see multiple confirmations at that area - channel, cluster of pivot points, 50% of the wick.
Currently the fundamental drivers are bullish - bank crisis again, China, war activity.
Think simple, make the money.
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