WHERE GOLD WOULD GO NOW?
GOLD currently move higher in the first day of 2025, continuing the uptrend momentum from the end of last year and now traded at 2634. Fundamentally, CME FED Watch Tools still eyeing for two cut rate this year and this could boost GOLD a little bit higher or make a wide-range sideways movement. Technically, i see GOLD still in a sideways condition now with smaller range than before.
I use 2667 - 2671 level as a key level for GOLD to continue it's uptrend and 2605 as a key level to continue it's downtrend. I will give update if there's something different than my current technical analysis
I use 2667 - 2671 level as a key level for GOLD to continue it's uptrend and 2605 as a key level to continue it's downtrend. I will give update if there's something different than my current technical analysis
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