Beware of the triple top in gold

  • Gold has caught a bid again after weaker US jobs data on Tuesday
gold triple top 12 November 2025 2

Gold has caught a bid again after weaker US jobs data on Tuesday

The expectation is that the cooling jobs data ratchets up the chance of a Fed rate cut.

Gold caught a bid.

Checking out the chart you can see a clear top just above where we are.

I suspect it won;t hold for long. Gold seems to be back in favour!

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