I would love to analyze Gold from a different angle. Therefore, I use various technical indicators and tools as well. Most of the time, I try to combine fundamental analysis with technical analysis.
So, based on seasonal gold trading strategy and coronavirus omicron concerns, I think Gold may follow this setup from December to February.
Gold may test $1770 before it goes up, and stop-loss should be below $1748. And first upside target is $1830. The next Target is $1865, and the final target to the upside is $1900/1912.
Note: If Omicron is just a hiccup, this chart may not work, and Gold may test $1720 before it goes up.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.