Gold Gold Daily Video, October 03, 2023

[Sive Morten]

Good morning,

Gold stands just few dollars above major 1790-1800 support area. There we have at least some chances to get the bounce. Taking any position right now seems risky because volatility will increase as soon as gold will touch this level:

 

[sveckar22]

Silver market already completed the big OP target in confluence with 0.618 FIB from $17.5 lows.
I am looking for opportunities to enter long on lower time frames.

 

[Sive Morten]

Silver market already completed the big OP target in confluence with 0.618 FIB from $17.5 lows.
I am looking for opportunities to enter long on lower time frames.

Luka, be careful, drop to OP is absolutely insane. Any longs, even on lower time frames (except maybe 5-15 min) might be really dangerous...