Gold Expect Bullish movement for the day

9 de fev.

Gold today expected to move around 2030-2029 by the Asian session and expect move further upwards to 2040-2045 range during Europe US session. Personally, I would target only long positions for the time being. The price currently bounced from 50% Fib expansion level and my target would be around 100% Fib expansion level which is around 2045 -2048 range. Further decision would be based on market conditions.