Gold has been an absolute meme for the past 2 weeks

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it is almost funny

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Apart from NFP and Trump no other type of news seems to move gold nowadays

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The news is generally good for the dollar or?

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Even PPI + Unemployment cannot move gold nowadays

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Lol What is gold doing

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I speculate that unemployment data may be positive which will cause the dxy to rise and gold to fall? Just a speculation

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We might see 3260-70 today

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will it get there before news?

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It may eventually take out the 3268 low that was made a couple of weeks ago and then head down further

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I speculate that 3120-60 will be the end of the downmove somewhere next week

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Possibly to 3120 for the final low

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Yeah but that is just a guess and i could be wrong.

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This may be the start of downmove that could go to 3200

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will probably go to 3392 and then start the proper downmove

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possible TP 3402- 3416

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I agree with your 3100 area for buys. I think the downmove will start tomorrow but for today we might actually break yesterdays highs. Just saying!!

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Based only on price. No time axis

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Based on price only, no time

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I reckon that the upmove is over and the bearish trend will resume on Sunday open. I could be wrong

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