Dec. 21 at 2:11 PM
Monday Trading Strategy and Signal Guidance📶
$XAUUSD
1. Price encountered resistance at the
$4350-
$4360 level and is currently testing support at
$4310.
$GOLD
A break below this support level could see prices fall to
$4265; otherwise, prices may enter a consolidation phase. (Short positions can be initiated near
$4350 with targets at
$4310-
$4300.)📉
$FX
2. Price consolidating below the key resistance zone around
$4350-
$4360 indicates resistance after the recent rally. The market remains within an upward channel, and the technical pattern remains bullish, although the bullish momentum has weakened.📈