Gold ST: watch 4500.

High Volatility
202506031027289717e22ee07adbaf979553e843796f68
XAUUSD+0%
2025-12-01 01:53Source:TC

Pivot: 4000

Our preference: long positions above 4000 with targets at 4380 & 4500 in extension.

Alternative scenario: below 4000 look for further downside with 3890 & 3720 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

4680

4500

4380

4229 Last

4000

3890

3720

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-01-2025 at 01:53 UTC+1

Price reference: 4229 last known on 12-01-2025 at 01:53 UTC+1

Investment horizon: ST

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Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

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