Don't go chasing the Gold Rush

Gold has had quite a year, but I’m here to speculate that the run is nearing its end.

The focus is on lower targets. Until that level is hit, the framework for trades remains bearish. Whether you’re taking smaller trades within the move or holding for the broader swing, the direction is clear: bearish until proven otherwise.

Targets may shift lower as new data comes in, but the current target is set in stone. Invalidation level is the current all-time high at 2800