The time has come, the first week of the month has come before the market close for the weekend. The most important of the whole month, and my most important analysis from the little time I've been here. I explain to you; always at the beginning of the month, one or two days before the first weekend market close, the price shoots up or down. For example: last month, on February 4, the market suffered a sharp decline, on January 4, the market shot up and so on, then at the opening we will invest again because the market always turns upside down, but we'll talk about that.
This is the plan: the price of gold will not be able to fall further without rising at least to the resistance line of 1816.00, if the price exceeds that resistance, it will continue to rise as established. Gold in the medium term will rise due to inflationary pensions, although we have to bear in mind that the price will fall if the bonds are tied with inflation in the United States.
Good luck traders!
This is the plan: the price of gold will not be able to fall further without rising at least to the resistance line of 1816.00, if the price exceeds that resistance, it will continue to rise as established. Gold in the medium term will rise due to inflationary pensions, although we have to bear in mind that the price will fall if the bonds are tied with inflation in the United States.
Good luck traders!
