XAUUSD Analysis for Today – Tuesday (12-12-2023)
XAUUSD Pressured Below Key Level of 2000
XAUUSD Analysis – The renewed strength of the US dollar is once again pressing XAUUSD below the psychological level of 2000. There is a selling opportunity that can be taken today.
Today’s Trading Strategy:
- SELL in the Range of 1988.41 – 1996.07
- Target: 1983.67 – 1976.00
- Alternative:
- BUY STOP @1996.07
- Target: 2001.52 – 2008.47
Resistance Levels
- R1 1996.07
- R2 2001.52
- R3 2008.47
Support Levels
- S1 1988.41
- S2 1996.07
- S3 1983.67
- S4 1976.00
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