GOLD. We continue to buy.

In the coming week, the trading instrument is likely to continue its upward movement.

Gold CoT data reflects a notable uptick in bullish sentiment, with an 18% increase in buyers. The continuation of this trend may contribute to the growth of prices for the precious metal.
Data from CoT reports on the dollar index (USDX) reflects the growth of bearish sentiment on the US currency. Traders actively increased their sales and purchases, which led to a reduction in the net position for the growth of the dollar. At the same time, the net position of large speculators approached the levels that were minimal over the past two years, while the net position of hedgers updated them. Continuation of this trend may contribute to the decline of the US currency.

Based on my vision of the market, I can add the following, this week the decision on the interest rate, so we can go along the trajectory through 1940. Important! Manage your funds wisely!

Entry into positions is carried out only when a confirming pattern is formed.
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