Gold is in a good position to buy before big drop occurs.
I bet 1986 area can hold and the support is pretty strong ; tug-a-war with sell pressure but I know the bulls can take this and handle it there.. break the pressure and bring the buyers pressure to overcome it and should get exhausted until hit about 2060 or 2080 area for a sell off.
The Feds had confirmed that USA will have a mild recession at the end of 2023 and should expect the big drop before end of 2023 4Th Quarter or before end of 3rd Quarter of 2023.
Trade safe and watch any reversals
I bet 1986 area can hold and the support is pretty strong ; tug-a-war with sell pressure but I know the bulls can take this and handle it there.. break the pressure and bring the buyers pressure to overcome it and should get exhausted until hit about 2060 or 2080 area for a sell off.
The Feds had confirmed that USA will have a mild recession at the end of 2023 and should expect the big drop before end of 2023 4Th Quarter or before end of 3rd Quarter of 2023.
Trade safe and watch any reversals