Gold Analysis – 07.Mar.2024

Gold Analysis – 07.Mar.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold Analysis: : By checking the gold chart in the daily time frame, we see that the price is still rising and does not show any signs of price correction! Preferably, it is better to wait to see where this trend ends and we have to wait for its price to be corrected! Tomorrow we will have the NFP statistics and we have to see if this statistic will bring the price above $2200 or if we have to witness a heavy price drop to below $2050! Personally, I will not have a position on gold until the end of tomorrow and I will wait for signs of a change in the trend!
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Author : Arman Shaban
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