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
Trend Analysis

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