As per the crucial fib level we are already trading above the golden pocket in the monthly candle, but what's worrying is the srsi is trading in an over bought area which is a clearing indications that market may make a passive high this month but either in Dec or Jan market will start falling
The chart of gold usd on phemex is showing a w pattern. As per the pattern we should have a higher low and if the base line is broken markets tend to fly high which we may see if this patterns plays out well on daily
