Just noise and definitely not a timing tool. It is being reported by all the major financial news organizations that China resumed buying gold in November, after a 6 month hiatus. While they were likely buying all along, they chose to deemphasize it during that period.

The chart showed that gold, after a flat period, went higher for most of that time, setting multiple new highs along the way. Following the approx. 10% correction in the first half of November, gold stabilised and is basing for it’s next move higher.

If the price resumes the uptrend next week, the media will say it is because of the Chinese buying. They likely never stopped, just playing mind games with the West