Trading Signal for GOLD (XAU/USD) for December 9-11, 2024
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Early in the American session, gold is trading around 2,636.20, below the 21 SMA, and below the symmetrical triangle pattern. on Thursday, gold made a decisive break of the symmetrical triangle pattern and reached a low of 2,612. Any technical bounce will be seen as an opportunity to sell. The gold of the gold bears is to cover the GAP that was left around 2,562.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.