Trading Signal for GOLD (XAU/USD) for December 9-11, 2024

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.