Gold at $2468: What Next..?
Gold shows consistent strength ahead of upcoming jobs report and hovers above $2460
$2430 has found local demand where buyers have repositioned their long bets in anticipation of bullish rally extending to potential advance towards $2483 and even a new all time high $2490-$2498
Meanwhile, volatility may witness some pull back towards aforementioned local demand zone $2435-$2430 where buyers may prefer caution as breaking this support will call for a deeper pull back towards $2405-$2400
$2430 has found local demand where buyers have repositioned their long bets in anticipation of bullish rally extending to potential advance towards $2483 and even a new all time high $2490-$2498
Meanwhile, volatility may witness some pull back towards aforementioned local demand zone $2435-$2430 where buyers may prefer caution as breaking this support will call for a deeper pull back towards $2405-$2400
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.