Gold Gold Daily Video, April 25, 2023

[Sive Morten]

Good morning,

Gold doesn't support recent EUR rally, which exclude dollar weakness. We still do not see reasons to deny existed bearish daily patterns and still suggest 1950$ area drop possible. But alternative view also has reasons to exist. Gold now stands indecision, waiting for some new driver.

 

[minimax]

Current picture... y has reached mimimum target.. upside is possible but to me not very probable.. current buy zone 1930/1900.. depends of this leg down..

 

[minimax]

Silver.. funny count.. my prefred target zone was/is between 22,38 and 21,47 but I think we will not see this price nevere ever.. upside target is enormous..

 

[minimax]

Time to sell?
ps:
phony 5 wave leg down.. sold good anyway.. Q: will Gold follow pullback on €$? They worked in same direction last few days.. when €$ stopped Gold started.. will see..