GOLD DAILY ANALYSIS 29.12.2021

2021年12月29日

As we can see the momentum is positive. Yesterday we have a higher high and prices touched 1820 level. The price settled at 1806 making this a support by forming a lower high. So today the value area will range between 1806 to 1808 having the Control Price at 1812. Also we can see a wedge forming near the 1818 price. So expect a breakout here. May be this breakout will happen in new year as this will need very high volume. For now expect a bullish trend and a good support at 1800 level. So set the Sl at 1798 and TP at 1818.

Happy holidays. Please comment your thoughts

2021年12月29日

註釋

Iam sorry for the typo in price: the value area will range between 1806 to *1818