Gold Trade Idea

قبل ٦ أيام

Despite the market being in an uptrend, positive NFP data could push it lower. I still believe that the 2529 level is a solid buying opportunity for gold if reached. The 2620 level may see a temporary bullish move, as it aligns with a trendline and serves as strong support. Therefore, with proper risk management, 2620 could be a good entry point if the market declines. However, 2530 remains the best buying opportunity. This advice is for those who missed the earlier gold rally. All fundamental news forecasts suggest worse conditions for gold compared to the previous week.