Tadiwa_Bryan_Musere

GOLD WEEKLY ANALYSIS (JAN 30- FEB 3)

Long
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
Gold remains in somewhat a consolidation we are looking for price to break out of this consolidation clearly and retest monthly support which is also a fresh demand area as price has not completely made a second touch to this zone. This will facilitate short term sells up to support, monthly key level and then finally long term buys to pass last weeks Gold price high.
Comment:
Gold analysis played out right to the T, soon after it dropped massively.
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