403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Gold Analysis 16/12: What Are The Future Prices? (Chart)
(MENAFN- Daily Forex) Today's Gold Analysis Overview:
- The overall of Gold Trend: Still strongly bullish. Today's Gold Support Points: $4270 - $4210 - $4100 per ounce. Today's Gold Resistance Points: $4365 - $4390 - $4470 per ounce.
- Sell gold from the resistance level of $4410 with a target of $4200 and a stop-loss at $4470. Buy gold from the support level of $4190 with a target of $4460 and a stop-loss at $4150.
- The US Employment Report (November) and Retail Sales figures, scheduled for release today, Tuesday, at 15:30 Egypt time. The US Consumer Price Index (CPI) for November, scheduled for release this coming Thursday.
Remember that the XAUUSD gold price has seen strong gains of over 65% in 2025.
EURUSD Chart by TradingViewTrading Tips:Keep in mind that the future path of gold trading may be influenced by a weakening US Dollar and falling US Treasury yields, making gold cheaper and more attractive to foreign buyers. As is well known, non-yielding assets like gold benefit significantly from lower interest rates.Ready to trade today's Gold forecast? Here are the best Gold brokers to choose from.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment