GOLD Update

Nov 25, 2024

As stated in the FIPEST Report yesterday, I expected a drop in Gold to 2630-2610, then up.

That is precisely what happened today. Gold reached a low of 2617. Spot on!

The primary path from here should be up. A break of the previous high of 2723 would signal that wave (3) has already begun. This is the higher probability path.

However, there is an alternative path, where we already peaked in wave 5 at 2802 and we’re in a major correction. This is a lower probability at this time but I wanted you to be aware of it. A break of the low at 2542 would confirm the bigger drop is in play.