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If You Had Traded on This Analysis…
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XAUUSD
Long Entry 4,218.0500 2025-12-08 09:12 UTC
Target 4,235.0000 Fail 4,194.0000
Risk/Reward 1 : 1
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XAUUSD
Forex
Technical
1H
Analysis Predict Bull Market
The market analysis commenced with Gold (XAUUSD) trading around $4209.00, marking a roughly $12 increase from Friday's closing. Traders were advised to exercise caution due to the early trading hours on Monday. For Gold, key technical levels were identified: a support at $4194.00 and resistance at $4235.00. The underlying trend was described as "flat to positive." Geopolitical factors, specifically potential tariffs from France on China, were noted as a significant news-based driver influencing market sentiment. Transitioning to Silver (XAGUSD), the current price was approximately $57.97. Despite a "soft" opening, Silver demonstrated resilience with a smart recovery from earlier lows of $57.45. The market exhibited considerable volatility, characterized by large wicks on hourly charts, indicating indecision. Technical levels for Silver included a support at $57.70 and resistance at $58.40, with the trend also described as "flat to positive." Elevated volatility suggests wider stop-loss parameters for trading strategies. Finally, Crude Oil (USOIL) was observed sustaining a price around $60.17, which was deemed a positive development. Key levels for Crude Oil were identified as a support at $59.00 and resistance at $61.50. The trend for Crude Oil was distinctly "positive," contingent on the integrity of the established support and trend-decider levels. Further market insights would be provided if support levels were breached, signaling a shift into a weaker zone.
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