Gold Update 13 November 2025

We're back baby!

Although price action wasn’t that explosive on the break of the short-term downtrend, we’re going for it now. Immediate goal is top of this trend at the all time high of 4,380.

We’re expecting a new ATH very soon, propelled by a physical short squeeze in Silver. Friday afternoon in London and COMEX looks suitable.

We’re not expecting any intervention by bullion banks in Gold, although that would probably happen on a spike to $60 in Silver.