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FX.co ★ Analysis of Gold for December 24,.2021 - Watch for price action around $1.815

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Forex Analysis:::2021-12-24T15:43:04

Analysis of Gold for December 24,.2021 - Watch for price action around $1.815

Technical analysis:

Analysis of Gold for December 24,.2021 - Watch for price action around $1.815

Gold has been trading sideways at the price of $1,808 but there is important pivot point at $1,815.

Trading recommendation:

If you see thee aggressive breakout of the pivot at $1,815, watch for potential buying opportunities on the pullbacks with potential target at $1,842

If you see see rejection of the $1,815, watch for downside opportunities on the rallies with the downside objective at $1,787

Analyst InstaForex
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