Gold Gold Daily Video, February 08, 2024

[Sive Morten]

Good morning,

We keep watching the forming process of new reverse H&S pattern on 4H chart. Now 2025$ area seems vital for bulls. Market either has to turn up from there or downside action will continue.

 

[Brett Reynolds]

Always thought Gold needed to Hit $2000 or potentially lower $1980. I will look to get short today or tomorrow.