Gold Gold Daily Video, October 12, 2023

[Sive Morten]

Good morning,

Gold is climbing stubbornly giving no change to step in on short side. Now we're watching for 1890-1895 resistance area and CPI numbers - combination finally could trigger downside bounce:

 

[Brett Reynolds]

Yes..I have $1895 marked as 61.8 from 20th Sept move. To get a Sell signal at or near this level would be Perfect, especially with 'Swaps'! The only problem is...'The Middle East' and if situation worsens with Ground attack by Isreal etc..then Gold could just continue higher throughout October.!?