Gold Gold Daily Video, March 01, 2021

Sive Morten

Special Consultant to the FPA
Messages
14,713
Good morning,

Gold has a bearish context on weekly and monthly time frames, suggesting downside continuation in medium term and leave phantom chances on keeping former bullish tendency. Still, if medium term it might be so, in short term price stands at support and with few important fundamental factors this week could have a positive sign:

 

Brett Reynolds

Sergeant Major
Messages
869
I closed my positions on Friday! ;) We have start of New Month of March and with stimulus and interest rates not to mention stock markets looking 'precarious' it's better to wait again to see if we get a nice pullback to take a short position towards $1700-$1650!? :cool:
 
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