Technical Analysis DayTradeIdeas

Technical Analysis DayTradeIdeas

23 December

Gold XAUUSD

• * Gold break above 4374 retested the all time high at 4381.
• * The break above here was a buy signal & we shot higher to the 1st targets of 4390 & 4397/99.
• * In the update we wrote: NEXT TARGETS ARE 4415 & 4425/27
• * These targets are hit as we reach 4497 this morning.
• * Next targets are 4517/4520 & 4530/4533. If we continue higher look for 4541/4544 then 4553/4555.
• * Downside is expected to be limited with support at 4455/4450.

• * Strong support at 4427/4423. Longs need stops below 4418.

Silver  XAGUSD

1. 1. Silver hit my next targets of 6775/6778 then 6795/6799.
2. 2. In the update we wrote: NEXT TARGETS ARE 7000/7005, 7035/7040, 7065/7070, 7095/7099
3. 3. So far we reached 6982.
4. 4. Downside is expected to be limited with first support at 6870/6865. Longs need stops below 6850.

5. A break lower risks a slide to support at 6795/6780. Longs need stops below 6760.

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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

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20251223