Gold Gold Daily Video, November 14, 2022

Sive Morten

Special Consultant to the FPA
Messages
18,635
Good morning,

Gold stands at daily overbought but it was not a problem at all during the whole week. Thus, as we have nearest major target around 1800$, it could try to creep higher gradually. We do not expect any solid pullback until 1800$ target will be met:

 
S&P500 approaching the first resistance area on daily chart, pullback (or...) on small time frames in next 1-2 session?

SP500 (D).PNG
 
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