*Printable XAUUSD chart
RESISTANCE LEVELS
1339.87, 1330.82, 1311.92, 1301.93, 1296.74, 1293.55, 1288.23, 1282.90
SUPPORT LEVELS
1251.98, 1256.68, 1265.88, 1271.68, 1280.90, 1285.50, 1290.36, 1304.73, 1320.44
How will the US tax reform effect gold for this upcoming full week of trading for the week of Dec 3-8, 2017? It will be interested to see the response from traders. According to this chart it shows that gold may just continue on its downtrend towards the 1271.68 support level. Then we can anticipate it to make a strong bullish move upward as we have seen it dropped to some low lows last week. Get Ready! If you are not currently in gold a great entry level may be at the 1275 level.
RESISTANCE LEVELS
1339.87, 1330.82, 1311.92, 1301.93, 1296.74, 1293.55, 1288.23, 1282.90
SUPPORT LEVELS
1251.98, 1256.68, 1265.88, 1271.68, 1280.90, 1285.50, 1290.36, 1304.73, 1320.44
How will the US tax reform effect gold for this upcoming full week of trading for the week of Dec 3-8, 2017? It will be interested to see the response from traders. According to this chart it shows that gold may just continue on its downtrend towards the 1271.68 support level. Then we can anticipate it to make a strong bullish move upward as we have seen it dropped to some low lows last week. Get Ready! If you are not currently in gold a great entry level may be at the 1275 level.