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13.12.202311:04 विदेशी मुद्रा विश्लेषण और समीक्षा: Analysis of Gold for December 13, 2023 - Potential for the further downside continuation

Technical analysis:

Exchange Rates 13.12.2023 analysis

Gold has been trading downside in the background and I found potential for the further downside continuation to the to the selling pressure.

Due to the selling pressure and the negative reversals on the RSI oscillator, I see potential for the further drop towards lower references.

Downside objectives are set at the price of $1.967 and $1.955

RSI oscillator is showing negative reversals, which is good sign for the further downside movement.

Resistance is set at the price $1.990

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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