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Gold: Outlook For The Week Of December 9th, 2018

Published 12/09/2018, 04:51 AM
Updated 07/09/2023, 06:31 AM

On analysis of the Gold futures in different time frames, I find Gold future look ready for a breakout amid fear of equity meltdown. No doubt that a sustainable move above $1268 will definitely confirm a breakout in Gold futures. Let's have a look at the movements of Gold future in the following charts.

Gold Futures Daily Chart - Expected Trading Zones For December 2018

Gold Futures 4 Hr. Chart - Expected Trading Zones For December 2018


Disclaimer: This analysis is only for educational purpose. Readers are requested to kindly consider their own view first, before taking any position.

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