Gold outlook on December
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According to investing.com Analyst release, gold should be kissing the 1900 area again really soon. I think the 1895 is a significant area from the Novembers price action and should break through. There might be slight pullback between shorted time frames 1880 due holidays labour cost expectations-to possibly 1860 On December 13th to retest support of 9th-12th November.otherwise I am seeing gold as bullish investment all the way up until End or Feb/March when it could possibly hit the peak of 2080. Should the world soon to recover from the pandemic next year we should see gold grow to a new all time high levels and continue to grow throughout the 2021 year.
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