Chat with us, powered by LiveChatGold Pauses Near $1980, Awaits Catalysts with Short-Term Bearish Tone

Gold Pauses Near $1980, Awaits Catalysts with Short-Term Bearish Tone

Gold Pauses Near $1980, Awaits Catalysts with Short-Term Bearish Tone
  • Posted On: December 13 2023

Gold Pauses Near $1980, Awaits Catalysts with Short-Term Bearish Tone


Gold continues to hover around the 1980 level, awaiting further directional cues from today's event. While it appears bearish in the short term, global economic slowdown and geopolitical tensions could support gold in the medium and long term.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

2052

2036

2006

1980

1960

1940

a

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