Weekly Analysis \ Gold; Sunday 5 Feb 2023
Diupdate
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.
Levels outlined where I expect Gold to trade to and away from.
Catatan
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.
Catatan
Weekly target complete at 1861.430
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