Weekly Analysis \ Gold; Sunday 5 Feb 2023

Expecting a retracement after the previous weekly low gets taken out. Monday/Tuesday could see a rally before Fed Chair Powell speaks at Noon ET on Tuesday 7th.
Levels outlined where I expect Gold to trade to and away from.

Yorum:

Gold delivered as planned but has not yet taken the prior week's low at 1861.430.
I suspect they are trading it higher to find a richer premium to sell from.

Yorum:

Weekly target complete at 1861.430