Gold Outlook for December 2024

4 days ago

Sticking with my conviction that we have indeed capped the high for Gold for 2024 and have already fulfilled a 30% retracement back into the overall range. We could potentially be ranging for the remainder of the year. I'm anticipating major breakouts within Q1 of 2025. If gold decides to breakout of its current range prior to 2025, then I would be anticipating a buy-side manipulation to take price lower towards the equal lows inside of Q3 of 2024. Let me know if you have any comments or questions below, or just your overall thoughts as well. Bless.

3 days ago

Trade active

We are currently approaching the Buy-side Liquidity of the accumulation phase.. We could see a manipulation move outside of this range.. If we indeed do get the manipulation move to day and a sharp return back into the range paired with a 1h CISD, then we can look to position ourselves short for tmw and the remainder of the week. Good trading gang!

11 hours ago

Trade closed: target reached