GOLD 14-12-2023

Technical Analysis

By Shady Fouad On Dec 14, 2023

GOLD 14-12-2023.

The prices have successfully breached the resistance zone of 2005 and have now reached the second important resistance zone within the range of 2035. It is likely that this zone will limit the corrective movement and lead to a resumption of the downward price trend.

Support	2017	2005	1975
Resistance	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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