Daily Analyze – GOLD/USD – 24.12.2024

🥇XAUUSD: 🥇

😐 We noticed that Gold had formed a symmetrical triangle consolidating near a strong level. MA50 fell below MA200, forming a Death Cross, but we must watch the trend lines.

#TradeIdea

⬆️ A break of the upper trendline above 2620 will open the way to 2652;
⬇️ A fall below the lower trend line will drop Gold to 2592;

 

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