gold forecast today , The Christmas Breakout

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gold forecast today , The Christmas Breakout

 gold forecast today on the brink of A Decisive Break, I described how gold was at a critical juncture. The trend broke higher a couple of days later and confirmed a cycle breakout. subsequent advance is underway, and that i see significant potential in platinum as prices play catchup

Dollar Breakdown

The US dollar has rolled over and broken vital support. this could still fuel the Q1 advance in precious metals. subsequent level of support arrives between 95.00 – 95.50

Gold’s Cycle Breakout Confirmed

gold forecast today I’ve explained before how gold forms intermediate lows approximately every 6-months. The previous cycle peaked in September, and costs entered a protracted cycle correction. The Christmas Eve rally above $1492 confirmed a November 6-month low, and therefore the next advance is underway

The breakout above the cycle trendline in gold triggered a trade alert for NUGT released to Premium members before the open on Tuesday, December 24, 2019

Explosive Potential in Platinum

gold forecast today In the 2019 Metals Market Recap, i discussed the explosive potential in platinum heading into 2020. Prices are already testing the $1000 level, and therefore the structure looks able to explode higher

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