Gold Gold Daily Video, August 01, 2023

Sive Morten

Special Consultant to the FPA
Messages
18,669
Good morning,

Recent Niger's Coup has distorted normal Gold market performance, showing unwelcome bounce. Now we're watching for 1950 level and possible bullish grabber on 4H chart. If market drops back under 1950 then our bearish scenario with 1925-1930 target is still intact. Otherwise Gold could return back to 1980 area:

 
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