12.9 US Market Gold XAUUSD Analysis 💙
Technical Analysis:
Looking at the 1-hour chart, today gold first dropped to around 4170, then pulled back and is now standing at 4205, fluctuating more than 40 points within the day, which is quite a volatile rhythm. The US market will continue with the same approach as the European market; this rebound is almost over now. Directly short at high positions, with a stop loss just above the intraday high of 4213. Next, look for support at the 4190 level.
Trading Suggestions
Big Gold to see south around 4213-4208 ⬇️
🎯: Around 4190-4185
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