Gold Market Analysis 12/05

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Yesterday, gold faced resistance near 2657 and pulled back. Now, 2652 is acting as resistance again. If it doesn’t break through, gold may test the support around 2635 again. If that level breaks, the next support zone is between 2628-2623. However, if it breaks above 2657 and holds, gold could rise towards the 2666 resistance level.

I recommend trading around these key levels today. With Initial Jobless Claims data coming out, if the market has already chosen a direction before the release, you can trade in the opposite direction based on the trend. This may lead to unexpected profits

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تم فتح الصفقة

Trends are consistent with analysis