Gold

[Iqlevel]

Gold price loses momentum

Gold price tested the correctional bearish channel’s resistance and keeps its stability below it, accompanied by stochastic loss to the positive momentum gradually, which supports the chances of resuming the expected bearish trend for the upcoming period, which its first main target located at 1447.00, reminding you that the continuation of the bearish wave depends on the price stability below 1489.00.



The expected trading range for today is between 1460.00 support and 1489.00 resistance.



The expected trend for today: Bearish

[SDK]

Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.

[Aqib Sheikh]

Weekly trending upwards - Lagging span above cloud - Future cloud bullish

the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.

I recommend to take LONG position today

[Hafiz Saab]

Today market analysis and trend:sell

Indicators and Moving average market ke down hony ka bata rahe hain

Resistance and Support points se bhi market down hoti nazar a ri hai

Hamain sell main trade lagani chahiye

BesT Of LucK

[11Star]

CFDS ON GOLD (US$ / OZ)
TVC
:GOLD (Derived Data)

1477.72
USD
−0.88 (−0.06%)
MARKET OPEN (DEC 20 08:59 UTC)
1478.60
PREV
1478.70
OPEN
0
VOLUME
1476.97 — 1479.66
DAY'S RANGE

[Zain25]

Gold
1477.8-0.5200(-0.0400%)
08:53:56(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
1476.7 - 1479.6
Class
Commodities
Bid/Ask
1477.6/1477.9
Symbol
XAUUSD
Subclass / Sector
Metals

[Babarali786]

Gold
1477.5-0.7400(-0.0500%)
08:47:19(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
1476.7 - 1479.6
Class
Commodities
Bid/Ask
1477.4/1477.7
Symbol
XAUUSD
Subclass / Sector
Metals

[Alex vector]

Dear i.forex members

GOLD

On this Day i will predicted this pair have being bearish down direction.

the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.

the market trend could remain in this position and I expected support resistance levels.

A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.

I suggest to take short terms position on SELL today.

[Shahzadahmed4850]

Gold

Gold remains in a sideways trend, in what I believe is a bull flag pattern. Holding the target of 1478/80 but above here look for 1485/86. A break above 1492 is an important medium term buy signal.

Minor support at 1471/73 but below 1470 tests support at 1463/61. Below 1460 targets 1457/56. A break below 1454 targets 1450 & 1445.

[Muhammadasif11]

Gold
1477.7-0.5500(-0.0400%)
08:29:56(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
1477.3 - 1479.6
Class
Commodities
Bid/Ask
1477.6/1477.9
Symbol
XAUUSD
Subclass / Sector
Metals