At the moment there is interest to wait for the end of this week, or the next – and identify the situation when the market will be overbought as much as possible.
This could potentially be a range 1185-1195 – there it is possible to formations for long positions in shorts.
So far, the market is above the fixings of last and the last Friday. – and volumes too, and while shorting gold is not worth it.
(…Look beyond…)
