• PLATINUM $872.259
  • SILVER $24.62
  • GOLD $1901.99

Spot gold may fall to $1455 if break below support $1471


December 05, 2019

$1471 is a support for spot gold, a break below could cause fall to $1455.

Level of $1480 of an upward wave from $1450.30 has completed. This is the third wave of a three-wave cycle from the November 12 low of $1445. The metal may fall towards $1455. Analysis indicates that this falling could travel to $1417.

Upward movement may lead to gain limited to $1492.

« Back to News & Reports List