Gold Gold Daily Video, October 26, 2023

Sive Morten

Special Consultant to the FPA
Messages
18,447
Good morning,

Gold shows low activity, but it grows despite upward action on DXY and the US yields, ignoring signs of easing in M.East conflict. This should worry if you consider bearish position taking. We suggest that if retracement starts at all - it should start around ~1996 area. Otherwise, gold keep going higher:

 
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