Seasonality

10 Kas 2020

From past Gold behaviour we can see that Gold is bullish during December-January. We have already seen Gold establish support at $1850 meaning it will now be fluctuating around the current price until we see it rise in December. After this we can expect to see Gold rise until $2200. Another reason for this rise might also be the new President Biden during which investors may cling on to Gold at a time of uncertainty.