Gold Gold Daily Video, February 03, 2020

[Sive Morten]

Good morning,

Impact of virus driving factor makes gold to change short-term background and now it seems possible to see gold as on previous 1611 top as around 1655 major weekly target:

 

[DaveT]

Fingers crossed you're right....

 

[Sive Morten]

Morning guys,

as gold has opened on gap up on a background of London terrorist attack - it almost has hit our short-term target. Now it has dropped below our vital point, so, it seems that we will have to consider something else. Short-term setup on 1H chart that we've discussed in our video and weekly research is cancelled.