Weekly Analysis \ Gold; Sunday 5 Feb 2023

Updated
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.
Comment
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.
Comment
Weekly target complete at 1861.430
Beyond Technical AnalysisGoldXAUUSD

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