As you may know or not, Gold use to have a seasonal drop Nov-Dec then to bounce up Jan-Feb. Look at the chart and you will see how many times that happened, i am not saying it will happen now again, but there is a big possibility for that. I personally think it may have another drop before we can see a bounce up. In both case i am only looking for buy setups on the daily and 4H.
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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.