Yesterday we have a choppy ride, with gold pushing up higher but unable to break the resistance and coming back down.
The trend today will be the same pending the key news event (core inflation).
We are expecting that gold to run in the asia and london session to 2047 to 2048 range and then come back down in the new york session.
Since last week, gold been trying to break the 2022 mark but it had not been possible.
For swing trade, I will take 2034 to 2047 before the reversal.
The trend today will be the same pending the key news event (core inflation).
We are expecting that gold to run in the asia and london session to 2047 to 2048 range and then come back down in the new york session.
Since last week, gold been trying to break the 2022 mark but it had not been possible.
For swing trade, I will take 2034 to 2047 before the reversal.