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سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

12.12.202310:13 Forex Analysis & Reviews: Analysis of Gold for December 12, 2023 - Potential for the further drop

Technical analysis:

Exchange Rates 12.12.2023 analysis

Gold has been trading downside in the background and I see potential for the further drop due to the downside momentum and the short-term downside condiiton.

Potential bear flag is in creation and I also found negative reversal on RSI oscillator, which is another good confirmation for the further downside movement.

Downside objective is set at the price of $1.965

RSI oscillator is showing negative reversal and the reading just above the 40 mark, whic is sign that we have downside pressure and trend.

Intraday resistance is set at the price of $1.991

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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