Gold Gold Daily Video, April 04, 2024

[Sive Morten]

Good morning,

Our next mid-term upside Gold target is 2456$. Technical picture suggests the pullback due Gold overbought, but its appearing depends on NFP data tomorrow and the progress in Iran-Israel conflict. If it still starts we consider 2255 and 2200$ levels as potential targets for retracement:

 

[Brett Reynolds]

i cannot imagine Gold continuing to go higher throughout the whole of April..? I will be looking to sell back to support but not until after NFP..