gold idea for early next week
week commencing 22-27 jan 2024
minor pullback still in play
gold still bearish with the US data last week (15-19) showing signs of strengthening and the market movers pricing in aggressive rate cuts in 2024 by almost 6 times dxy looks the strongest against cross pairs
Side note if Geo political tensions rise in the middle east and Europe gold will thrive as a safe haven
minor pullback still in play
gold still bearish with the US data last week (15-19) showing signs of strengthening and the market movers pricing in aggressive rate cuts in 2024 by almost 6 times dxy looks the strongest against cross pairs
Side note if Geo political tensions rise in the middle east and Europe gold will thrive as a safe haven
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