Gold day by day
That is the second of reality for gold. I just like the setup right here, as I all the time do on December seasonals. As well as, the Fed goes to pivot dovishly and the greenback appears to be like out-of-gas.
Gold is now up $35 on the day at $2071. I do not get the sense that gold is crowded even because it threatens all time highs, there might be some FOMO on a breakout.
I might anticipate some short-term revenue taking right here as an enormous stage was touched but when it could actually maintain $2050, then I feel it will not be lengthy earlier than the bulls go for a real breakout.
