Strifor || GOLD-28/02/2024
Preferred direction: Neutral
Comment: Previous purchases of gold have been canceled for now. The buyer does not want to move up, although there is a resource for this. That is why we will consider scenario №2, which most likely has a chance of being realized against the backdrop of upcoming data from the US today and tomorrow. Here, the growth target is located at the level of 2060.
But the more likely scenario №1 involves the formation of a balance in the range of 2016-2030. If scenario №1 is implemented, in the future, most likely, you will have to stick to sales.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Previous purchases of gold have been canceled for now. The buyer does not want to move up, although there is a resource for this. That is why we will consider scenario №2, which most likely has a chance of being realized against the backdrop of upcoming data from the US today and tomorrow. Here, the growth target is located at the level of 2060.
But the more likely scenario №1 involves the formation of a balance in the range of 2016-2030. If scenario №1 is implemented, in the future, most likely, you will have to stick to sales.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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