Game Plan with Gareth Soloway
In this edition of the Game Plan, Gareth Soloway offers an analysis of various markets, including Bitcoin, natural gas, and gold.
He goes on to discuss gold, which he considers his favorite asset for 2023. Soloway points out a potential inverse head and shoulders pattern forming on the gold chart, which could lead to a significant move higher if it plays out. He also highlights the $1,800 level as critical support for gold, and suggests that a breakdown below this level could lead to a larger move to the downside.Let's take a closer look at what's been happening in the market.
Looking ahead to tomorrow, the jobless claims report may not have much of an impact on the markets. However, the non-farm payrolls report on Friday could lead to a stronger dollar and a sell-off in both traditional markets and cryptocurrency markets if the numbers come out higher.
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