Gold Gold Daily Video, January 04, 2024

Sive Morten

Special Consultant to the FPA
Messages
18,673
Good morning,

Although drop on Gold market is not as big as on EUR, context still has changed to bearish, with solid chances to be continued. Thus, we consider pullback to 2050-2060$ resistance area and will be watching for potential downside continuation setups:

 
Yesterday i took Half Profits at $2031 and moved my stop to $2060. I am looking to take another smaller sell position today near $2050. Targets are $2000..;)
 
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