Gold 19.12.2024

Technical Analysis
Thursday, December 19, 2024 - 13:35
Point Trader Group

General trend:

The pair is moving in a short-term bearish trend.

Expected scenario:

Positive scenario: Continuing trading above $2550 may push the pair to rise to $2637 and from there to $2690.

Negative scenario: On the other hand, we see that if the support level is broken, this pair may fall to $2500 - $2450.

Most important levels:

Resistances:

2637 - 2690

Supports:

2500 - 2450

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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