Gold Gold Daily Video, February 12, 2024

Sive Morten

Special Consultant to the FPA
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18,664
Good morning,

Gold finally has formed bullish grabber on Friday. It is still a question how reliable it is, but at least theoretically - only bulls has context for trading now. Although this context is a bit tricky and not very attractive. Bears, by our opinion, should wait when weak bullish context will be finally broken:

 
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