Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
01 December
Gold XAUUSD
Gold initially failed the breakout above 4170/80 & reversed from 4193 to 4158.
IN the afternoon Gold made a second attempt & finally reached all 3 targets of 4210, 4220 & 4230.
On Monday I look for a retest of the November high at 4240/45.
I think there is a good chance of a break above here for a new buy signal targeting
4260/65 & 4285/90.
After the breakout the downside should be limited to support at 4205/00 but below here meets a buying opportunity at 4190/4180 & longs need stops below 4175.
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Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.
Please email me if you need this report updated or Whatsapp: +66971910019 – To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk
Jason Sen, Director
https://www.daytradeideas.co.uk
20251201
