Gold Still moving up

21 thg 2

Dear All As expected gold is still maintaining upward momentum. I expect the move will continue to the scenario 2 highlighted in the picture and I expect this month it may touch the 2060-2070 area. There is news coming up, however, I assume this would be the possible direction. 100 fb expansion is around 2040 and 161 is around 2070 in the daily time frame. ATR range for the month is also around the same area