Precious Metals Outlook for Q4 2023 (Update)

Gold Outlook for Q4 2023 (Update)

Our system has turned bullish for Q4 2023, indicating that Gold has ended its cyclical downtrend last week and is now expected to move higher over this quarter. The bears have stepped aside, and the bulls have taken control of the Gold market. The bulls may be attempting to retest the strength of supply at US$2,000/oz level, which they failed to breach on last Friday.

Please feel free to contact us if you require additional information or have any further questions regarding our Q4 outlook for precious metals. We are always here to assist you. Happy trading!