16.11.17

Gold Potential Breakout

The two biggest driver for Gold are inflation expectation and fear. Both could combine in the next month to push gold price higher. Fall in the equity market is Gold' opportunity breakout in the short term.


Gold prices move in the narrowing trading range of the last four weeks as the impasse continues between the bulls and the bears. We’ll focus on two factors that could catalyze a gold breakout.

  1. Uncertainty over the U.S. political and corporate tax outlook, and
  2. Increasing inflation expectations.