GOLD 2025-12-16

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GOLD 2025-12-16

#gold (December 16, 2025)


Gold traded sideways in a narrow range of 4340-4350 yesterday before declining, indicating that the price range has not yet broken through and is still respecting the old structure.


In fact, the safest strategy today would be to wait to sell when the price falls below 4295 - the most important level of the current price range.


Regarding the intraday strategy: Ideally, a short position around 4325 is possible as this is the nearest reversal zone established, but the stop loss (STP) is a bit far, as it should be at 4342.


However, the price might only rise to around 4319 before falling below 4310. In that case, the short strategy would be triggered by a pullback to 4310/4313 with an STP of 4326.


In summary:

1. If the price rises to 4325, a short position is possible, with a recommended 30-50% volume.


2. If the price falls from 4325 (or around 4319) to below 4310 (expected to rebound around 4295), consider shorting during the pullback at 4310/4313.


Target points towards 4270 and 4246.


#gold (European session update)


Although Asian prices are falling and seem to have dropped below 4295, the problem is that the price cannot fall below 4285 - yesterday's low. Therefore, this case easily falls into a "weak breakout" structure.


Considering the nearest price range:


- The short range is identified around 4310/4313 (stop loss 4327), but personally, I find the price color a bit strange; I'm worried the price will surge to 4323/4325 before falling. Therefore, please consider this and use reasonable volume.


The target price remains unchanged.


A downward phase is expected in the European session, and after 4:30 PM, gold will lose the 4295 mark. If the price remains above 4295 after this time, it will be tough. :D

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Lahuti
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