
I concluded my November 26 Barchart article on gold writing:
Since the turn of this century, buying gold on price corrections has been optimal, and I expect that trend to continue. Therefore, I am a scale-down buyer of gold and gold-related assets during the current correction, leaving plenty of room to add on deeper declines over the coming months. I believe gold will find another higher low above the Q4 2022 low before it resumes its ascent to even higher highs.