GOLD - MONTHLY SHORT Short

GOLD (US$/OZ)TVC

Description

⋅ Dec 5, 2022 6:28 PM

Monthly Chart Analysis:

1. Sign of Trend Reversal after making Lower Low.
2. From 1980 to 2021 when gold in bearish trend
the month of Dec mostly Bearish
3. Double Top.
4. Same Time spend in distribution phase as last time.

So my bias for Dec-22 will be the Bearish Candle.

Trend Analysis Chart Patterns