Gold –13.12.2024

Gold –13.12.2024

Despite the few dollars that the market managed to hit above the resistance of 2725 yesterday, prices dropped and are now testing the target and support zone of 2652-65.

As we see over the chart and as long as the market holds above this support, another advance wave toward 2725 and above will be expected.

Below 2652 more of a drop toward 2620-22 and 2605-10 will be expected.

SUPPORT RESISTANCE
LEVEL1 2652-65 2692-95
LEVEL2 2620-22 2720-25
LEVEL3 2605 2744-50

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