Gold Gold Daily Video, August 24, 2023

Sive Morten

Special Consultant to the FPA
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18,447
Good morning,

Recent Gold rally mostly is due retracement on the US interest rates. Now it hits our intraday target around 1926 area and strong resistance level. We do not consider taking any longs right now and watch for pullback. Scalp shorts are possible:

 
Last edited:
Good morning,

Recent Gold rally mostly is due retracement on the US interest rates. Now it hits our intraday target around 1926 area and strong resistance level. We do not consider taking any longs right now and watch for pullback. Scalp shorts are possible:


Good Morning Sive, in case you did not realise you have uploaded the EUR video in this Gold post...
 
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