GOLD Outlook – 12/05/25
Tariff Deal Hits Gold: Prices Drop to 3,217
Gold dropped nearly 3.4% to $3217, hitting its lowest level in a month The decline came after the US-China tariff rollback deal, reducing demand for safe-haven assets Bearish momentum is strong as long as trading below 3240 A 1H candle close below 3217 will likely push the price to 3200, and if broken, further drop to 3152 is expected. price does not close at 3217 then Bullish scenario only if 4H candle closes above 3240
Trade wisely us proper risk management to Taking profit Long Time,
Thanks for Supporting if you want find more better insights then like and comments for Motivating Thanks.
Tariff Deal Hits Gold: Prices Drop to 3,217
Gold dropped nearly 3.4% to $3217, hitting its lowest level in a month The decline came after the US-China tariff rollback deal, reducing demand for safe-haven assets Bearish momentum is strong as long as trading below 3240 A 1H candle close below 3217 will likely push the price to 3200, and if broken, further drop to 3152 is expected. price does not close at 3217 then Bullish scenario only if 4H candle closes above 3240
Trade wisely us proper risk management to Taking profit Long Time,
Thanks for Supporting if you want find more better insights then like and comments for Motivating Thanks.
Trade closed: target reached
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Related publications
Disclaimer
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.