Gold Gold Daily Video, February 06, 2024

[Sive Morten]

Good morning,

Gold has slipped a bit lower and now is wobbling around 2020$ area - vital for reverse H&S pattern. Either it starts working or we get downside continuation:

 

[Tryingtrader]

The USDX daily has also come to a point of interest @ 104.5 which stands around previous highs and lows. Maybe a small move up on gold?