ActuaryJ

XAUUSD: Friday market analysis and suggestions

ActuaryJ Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After gold surged today, it did not break through the previous high of 2047. Then the market on Friday will have two trends:
The trend of the first chart according to me found support below the channel, and then began to rebound and hit new highs.

Second, if it can fall below 2027 on Friday, the top of the callback in 2047 will be confirmed, and it will be difficult for Gold 2015 to support it. There will be a waterfall tomorrow.

According to the current trend, the first trend is more likely to occur.

remind:
Friday is the last trading day before Christmas, and the market will be closed for three consecutive days.
Trade cautiously on Friday and be sure not to leave your positions open until next week
The market opening next Tuesday is likely to be a gap-like opening

If you want to know more details about the gold trend, you can contact me at any time↓
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I will continue to analyze the specific market trends with you on Friday, please pay attention↓
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