Gold Gold Daily Video, November 04, 2022

[Sive Morten]

Good morning,

Gold market shows better resistance to recent Fed impact, and, in general, it seems that investors have not chosen direction by far. Gold, to keep bearish context has to stay under 1650 resistance level. Otherwise, upside action will be more extended:

 

[Brett Reynolds]

Ha..! TRIPLE Bottom on Gold.!? Target $1700..!?

 

[gpeter991]

So at least the downside seems to have stopped at 1600. Now more and more VIX events, so we may be getting ready to take off