TA is telling us that gold us about to hit a major support from which it could bounce up. Assuming no tariffs rollback USD should weaken after Dec 15, which would align perfectly for gold going up during the week starting Dec 16.
Valid entries are either the major support around 1455, or if it goes up before that we could look at another entry after it breaks the...
Gold is forming a rising triangle testing 1462 level resistance. Enter with profit target around 1467 if it breaches the resistance, or 1459 if it bounces off the resistance and goes down again.
XAUUSD is in a bull flag pattern, together with historical data analysis ( first weeks of December from previous years marked with arrows on the chart ) means there should be a good long opportunity around December 10 to December 16. Historically gold always goes up in price around middle of December - middle of January.
