Gold has risen 8% in November against the softer dollar and has closed the month above the 200 MA. Technically we see the formation of a harmonic pattern with CD first leg target being around 1835 that could possibly extend until 1900.
-With FED's recent non hawkish comments we see the yellow metal continuing the rise.
-Not forgetting the geopolitical situations of potential further lockdowns in China and natural gas crisis in Europe.