GOLD 12-12-2023

Technical Analysis

By Shady Fouad On Dec 12, 2023

GOLD 12-12-2023.

Prices are currently trending in a down-trend on the short term, with a possible target of 1965. However, this scenario would be invalidated if prices rebound and break above the 2005 resistance level.

Support	1975	1965	1955
Resistance	2005	2035	2080

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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