GOLD H1 MARKET OUTLOOK
📊 11th December
Our last session brought a significant downturn in the Gold market, triggered by the NFP, and today, the downward trend persists. Patience is key as we await the next market movement. The price could either extend its descent or make a shift towards an uptrend.
If the price breaks the support zone at 1996, we might see a continuation of the downward trend. However, a breakthrough at the resistance zone 2006 could signal a shift towards an upward move
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