:Gold, meanwhile, remains my overwhelmingly favorite asset and the chart above gives me great comfort the “mother” of all gold bull markets remains intact (Relative strength getting stronger). As you can see, we’re coming to a decisive point on the chart where a break above or below trendlines is going to mean a lot. Right now, $1,750 is resistance and $1,675 support. Obviously, it’s my expectation that the break shall be above the downtrend line in purple. We may need to trade sideways some more and knowing liquidity shall start to dry up the further we get into December, it may be wise not to react as soon as one of the lines is violated." - Peter Grandich.