Gold Spot / U.S. Dollar
Short

XAUUSD 4hour Analysis December 12th, 2021

511
Gold Bearish idea

Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish

Trade scenario 1: Looking very bearish here on Gold we’re just a few confirmations away from a short entry. Look to target lower toward 1740.00

Trade scenario 2: For us to consider Gold bullish we need to see a higher low above our 1800 area.

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