I am projecting a bearish month for Gold based on IPDA Data ranges and a November seasonal tendency. The precious metal should see a fall in prices to 1776 and below. this idea is still subject to the current happenings that may cause gold to break the 5 month high. DYOR
Gold broke out of the consolidating triangle and completed a three drive weekly cycle. it is now at a decision point as to where it would head next. My bias is SHORT. My confluences are clearly visible on my chart. contact me if you have any questions and reservations.
