Technical Analysis: Gold - Thursday, Dec. 11

The market managed to hit a correction to test the support zone at 4160-70.

Gold – 11.12.2025


The market managed to hit a correction to test again the support zone at 4160-70.

As we see over the chart and if prices remain above the support of 4160-70, the advance wave could expand towards the 4272-77 zone.

Below 4160, more of a drop could hit the market with supports at 4130-35 and 4090-4100, where each support has the opportunity to cause a rebound.

  SUPPORT RESISTANCE
LEVEL1 4210 4254-64
LEVEL2 4160-70 4277
LEVEL3 4130-35 4295

More By This Author:

Intraday Analysis - Thursday, Dec. 11
Technical Analysis: Crude Oil - Wednesday, Dec. 10
Intraday Analysis - Wednesday, Dec. 10

Comments