GOLD Analysis

5 apr 2020

I have a long bias on gold and believe we could hit the $1800 mark within the next couple of months. However, i'll be looking for some confirmations first, the first being if price can break and hold above the $1640 region. If so will be looking for longs at supply zones. Alternatively, if we see some downside I will be waiting to see how price reacts from the $1575 handle -If this area is broken I would expect further downside and will be changing my bias.