Gold movement expected by end of7nth Feb and 8th Feb

7 thg 2

Gold would probably again pull back towards the 2030-2032 area and then spike toward its 61% Fib expansion 2048 -2049 region. In Higher time frames, it may be a downward trend forming around the 2040 area. However, based on my weekly analysis, I assume that the gold hasn't yet completed the up movement and probably would hit the 2060 range within this week or more. In both cases manage your risk properly. This is not a signal or suggestion. Trade based on your analysis