Hello traders!
After the worst week for gold in decades, and with the end of the month and the first quarter of the year approachingā€”an exceptional year indeedā€”we anticipate some decline at the beginning of the week, followed by a rise to stabilize the price before the month’s end.
We expect an upward movement on Thursday and Friday, and then again in the last two days of the month next week. The price is also touching the 150-day moving average, which is another positive sign.
It’s advisable to wait for the first two trading days and closely monitor the price.
Good luck to all