$Gold $XAU = Daily Analysis = 16.12.2021 #GOLD #preciousmetals $GDX $GLD #XAUUSD #GC_F #fintwit

Gold made a strong bullish statement today and hit the lower boundary of the target area shared previously. At the same time, it made an attempt to confirm a classical pattern and there is a good chance of very positive weekly closure tomorrow.

Let’s try to decipher the messages from the candles, TA and waves.

This daily overview contains:
– analysis of the daily chart and TA;
– 2hr EW chart with the short-term targets;
– mid- and long-term forecasts.

If you would like to continue reading, please subscribe for Premium Content.

Premium Content

Read more of this content when you subscribe today.

Follow the blog on Twitter @InvestingAngles or, if you want all posts in your inbox, by email subscription.

Previous Analysis:

Daily Analysis: SPX & DJIA

%d bloggers like this: