We have been tracking gold
cycle in the last few months. It had a downward trend in the month of novemeber and december has seen Gold
uptrend. It's very close to our accumulation zone. If the price sustains in the accumulation zone, we can see further upmove in the coming weeks.
Charts show GOLD
taking support along the yellow trendline.
price upmove can be seen as investors hedging their positions with gold
after going long in the markets.