November is one of gold's strongest month based on the 20-year historical average. If this plays out, we could be testing the multi-year resistance at 2050-2100 levels by then.
Macro backdrop of "flight to safety is also in play".Technical Pattern: Falling broadening wedge, continuation pattern, bullish to the upside
Long $GDXJ at 33.36
Holding Period: 1 to 4 months
Price Target: None, discretionary
Stop Loss: None, discretionary
Traded Under (3) Special Situations
Source: Vernian Capital on X
1Y, Daily Chart
