Gold Gold Daily Video, March 07, 2024

Sive Morten

Special Consultant to the FPA
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18,669
Good morning,

So Gold has completed our target around 2150$ top, but in general situation barely has changed, and we have almost no technical topics for discussion. That's why today we talk about "near the market" subjects, relating to the gold.

 
Very overbought now! I would think Sell Off after Payrolls tomorrow and going into next week after such BIG move this week.? It would be good to get back to $2080 area to 'Buy'.!?
BTC is surely due for a Pullback too having just breached All time highs at $69K.
Fidelity and Blackrock now recommending at least 1-2% of investments in Crypto..?
 
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