Gold Gold Daily Video, January 08, 2024

[Sive Morten]

Good morning,

Although we have very interesting fundamental background for gold now - on technical side it would be better to wait for 1-2 sessions. In general context on daily chart remains bearish by Friday's PMI momentum was strong and it could give us better chances for entry:

 

[Brett Reynolds]

I was stopped out at Breakeven' on my 2nd Position at $2050. My 1st position from last Tuesday at $2070 was also stopped for remaining profit.
My Bias is still to Sell'...as with Euro...so getting into position on Monday is Key for possible move down towards $2000.!