December Seasonality and Inventory Zones
Higher highs and higher lows. Seasonality is playing out and should continue into the new year. Watch for chop and maybe a few pullbacks in the blue inventory zone above (lot of traders there from last summer). Volume evidence in that zone will show the probability of the next move. I know there is no volume on this chart because it doesn't show for gold on daily but switch to 4 hour and you'll see the inventory trapped in the blue zone.
註釋
Looking at history, we may walk right up through that blue inventory zone. Have to watch and see the reaction there.註釋
Got the chop I was originally looking for. Should be good.
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