The Bank of Canada surprised markets with a lower-than-expected rate increase last week. The sudden dovishness prompted Oanda’s Edward Moya to suggest that “expectations are growing for the Fed to shift to a half-point pace in December and if that seems more likely after next week, gold could have a nice breakout above the $1700 level.” ( MarketWatch) Similarly, High Tech Strategist’s Fred Hickey sees gold and the US dollar at turning points based on managed money positioning in futures markets.

https://www.usagold.com/nv1047nov2022/

There is a nice collection of other opinions at the link shown above. Very encouraging reading for PMs (and probably for metals in general).