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Source, summary and reference
The analysis begins by discussing Gold (XAUUSD), noting that yesterday it reached an all-time high near $4550 before dropping to $4300, marking a significant $200 retracement. This retracement, anticipated in previous weekly and Friday analyses, represented a 5-6% fall due to profit booking and selling pressure, pushing Gold into a weak zone. Today's support for Gold is identified at $4320 and resistance at $4410. The current price of Gold is approximately $4367, and the predicted trend is weak. For Silver (XAGUSD), a severe 10% crash occurred, influenced by both profit booking and increased COMEX margin requirements, leading to liquidations and margin calls. Silver saw a high of $84 and a low of $70. However, a strong recovery was noted, with prices moving from $70.50 to $74.50. Silver's resistance is set at $75.10, and support at $73.50. The current price is around $74.48, and the predicted trend is weak. Crude Oil (USOIL) is trading around $58.06, with its support at $57.00 and resistance at $59.20. Crude Oil's trend is currently positive. The presenter advises caution for all positions, emphasizing the importance of strong stop-losses due to volatile market conditions, especially with the approaching year-end.
Gold Analysis for 30 December | XauUsd Forecast for Today | Crude Oil Analysis Signals performance https://www.mohdarafat.com/performance-2/ Contact helpline on whatsapp by clicking link below https://wa.me/message/PGRKCLSKWNMBP1 OR Whatsapp +91-7088230622 (Text Only) for Market commentary and paid signal details Official Whatsapp channel for data and news update https://whatsapp.com/channel/0029VadcM3n7NoZuUqpsXU05 Telegram Official channel for live market updates https://t.me/mohammadarafatofficial X https://x.com/itsarafat Instagram https://www.instagram.com/mohammadarafat.official #xauusdanalysis #forexsignalsprovider #forexgoldanalysis #forexgoldupdate #goldforecast #goldprediction #goldsignals #xauusdsignals these videos are for educational purpose only . No trading action should be taken basis on my videos
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