Month of November seems like it has been a good shorting then long opportunities for Gold will be watching for this again next year. Current short cycle seems to be running out of potential energy and reversing back to a long. That is we may have hit a true bottom or are getting closer to one. Currently long from this morning, again because it seems like the potential gains have shifted. Expecting a recovery back up above 1300.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.