Gold Daily Sentiments Turns Bearish, But February Is Bullish

Daily outlook for gold is now bearish with high tendency for gold to re-test 1540 shortly. However, seasonality also favour gold to be "a bit" bullish in February. Using 20 year data, in February gold has 50% chance of ending positive in the month with an average earning of 1.1 4th highest after January, August & November.

So if gold price decline to 1540, it could probability be opportunity to go long again for the metal to re-test its high.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades