Interesting! Appreciate the insight!

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Indeed! It might be fear and confusion, as it seems Gold can still go anyway, all depending on US Durable Goods data as well as the FOMC minutes of tonight! I myself am being careful, and interested to see when XAUUSD will finally reach its bottom, ...

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Thanks for the daily analysis, Bonsmith!

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I am keen about this too... However.. even if I think it will want to go up some time soon, I found an interesting article yesterday, I'll post the link below... Where they state that end November is almost always a bad period for gold, as the Comex ...

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I really hope that is the case, as it is teasing 1758 again - Gold is relentless. Lots of Fed speak up ahead still, their Hawkish comments might push it to 1750, and then hopefully a new rally...

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Ha well said, it is a loooong journey! Mixed news and range trading ftw! Easy money

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Congrats Aahmad! It went lower, until about 1757... Looks like it could be done with going down, although NY session is on the way, and news around the corner!

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You reckon? I hope so, it might want to touch 1785 1st again though, and if it then denies passages further up that would be the 3rd time this week, then it will definitely go down. Just it concerned about the geopolitical factor... Oh and when a ...

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Interesting speculation... Maybe after that last grab at 1785, but no follow through, it might drop from being overbought... Although the geopolitical tensions are making it tricky...

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Haha good one! In time, I think all the hawkish Fed speak will be capping Gold a bit...

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Hard to say with the mixed news, Aahmad, but I hope it will touch 1784 and then come down again, as it it technically also overbought, and there hasn't been any decent correction since last week's rally.

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Interesting.. I reckon the Michigan report will be crappier again and push it up to 1775.

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That would be great! Have buy in at 1715 and 1720.

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Yes it is quite an interesting claim, can't wait to see how it pans out. I guess it's now to 1729, and then CPI could dictate up or down from there.

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Woa that just happened! Knew I should have left my TP out, must have been the TIPPS data showing contraction. Well done Pundit! You were right on! Gold took me out once more. Back to the drawing board and more studying!

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I concur, 1683 has been really strong, and has been the 2 year low before late September this year, and the CPI, especially the Core CPI will most likely not be soft as many are hoping for, and Gold is not appreciating enough so I think the upward ...

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1746? That's quite high, but I reckon at least 1691 or 1700, then USCPI comes and dumps hopefully back down to 1650.

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Well done! Hopefully Gold can fa back to at least 1660 or 1650

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Brilliant analysis! It looks like it might be the turning point @ 1675!

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Added on Telegram shot G1k!

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