Gold Analysis

5 mar 2018

With NFP happening this Friday and the potential tariffs being put in place by Trump, gold is in an interesting spot. I am still very bullish on gold overall as we closed above the 1300 price level on the monthly chart. From the looks of the daily chart, with downward momentum, we could fill that big daily wick down to about 1305, but I don't see it going much lower than that. I would look for potential buys from an overall bias, with a long term target of 1400