Gold Gold Daily Video, February 13, 2024

Sive Morten

Special Consultant to the FPA
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18,794
Good morning,

Situation on gold market starts looking more bearish. If we correct, we could see action to ~1985$ in nearest term. Although nominal crush of bullish scenario has not happened yet, more and more bearish signs appearing. Thus, we think that chances on downside continuation look stronger and do not consider any longs by far:

 
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