Gold xauusd daily update 05.02.24
NFP hammered gold and although the uncertainty caused by recent war actions seems that gold is falling. For now the direction remains bearish.
Last month gold moved very ugly - rapid moves of 300 pips in opposite directions almost every day. The result is an inside monthly bar. Gold is creating liquidity to break the all-time high once and for ever, but just not yet.
Last month gold moved very ugly - rapid moves of 300 pips in opposite directions almost every day. The result is an inside monthly bar. Gold is creating liquidity to break the all-time high once and for ever, but just not yet.
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