Watch Out For False BreakOut On Gold, Weekly Slowing Down!

11 בדצמ׳ 2022

Weekly trend remains bullish but slowing down. Just like daily slow down highlighted last week, we might possibly see gold initially rallying up next trading week and got rejected above 1809. Price likely to go down and break swing low at 1764.

Overall gold likely to end bullish for month of December due to seasonality, but the metal is due for pullback!

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades