Gold Gold Daily Video, August 02, 2024

Sive Morten

Special Consultant to the FPA
Messages
19,200
Good morning,

Gold now stands under impact of geopolitical factors and coming Iran response. It means that now we should forget about short positions. From technical point of view we should wait for pullback to 2400-2420$ area. But "wild card" crazy idea tells that maybe to take some long position and make bet on more M. East escalation, despite how cynic it sounds.

 
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