Do you remember Monday’s market review? I wrote about gold and what I expect from this investment value. We are in the place where I assumed it would be scored, and I think we have a chance for a correction as I indicated in the image now (and the same as on Monday).
Today is quite an important day as the end of the week coincides with the end of the month and the reading of many macroeconomic data. Data and closing monthly contracts will push the price, and from Monday entering new forward positions by large institutions.